Economist Craig Shapiro has taken a jibe at President Donald Trump after the administration hinted at a deal with China amid the ongoing market turmoil. He suggested that Trump was caving on all his promises and proposed policies.
What Happened: Shapiro, a macro strategist at the Bears Trap Reports, said in a recent X post that Trump’s new book should be called “Art of the Cave.”
This was also a jibe at the Billionaire Investor Bill Ackman‘s April 9th post, which praised Trump for “brilliantly executing” the 90-day tariff pause, calling it the “Textbook, Art of the Deal.”
Shapiro, in his post, went on to add that “Trump 2.0 same as 1.0,” pointing out that the President has caved to China, Federal Reserve Chairman Jerome Powell, markets, and on cutting the deficit.
This comes after Trump spoke to the reporters at the White House on Tuesday and said …