Trump blinked.

Commentary: Trump's economic pain thresholds have emerged. In other words, he blinked.

Commentary: Trump's economic pain thresholds have emerged. In other words, he blinked.

Yes, he blinked, finally. But it took a lot longer than most investors would have guessed.

President Trump is finally signaling that his trade war has caused enough mayhem and he’s willing to do some damage control. Trump, so far, has raised the average import tax on some $3 trillion worth of products from 2.5% to 27%. He has also threatened to fire Federal Reserve Chair Jerome Powell for not fixing the damage Trump's own policies are causing