Donald Trump's latest trade whiplash is drawing fire from renowned economist Nouriel Roubini, who says the president's threat-retreat cycle is getting shorter and shorter—and markets still haven't learned to ignore it.
In a post on X.com, Roubini pointed to Trump's Friday outburst against China, which triggered a sharp selloff across financial markets. Trump had threatened to slap 100% tariffs on Chinese goods and hinted at pulling out of a scheduled meeting with President Xi Jinping. But by Sunday, the tone had flipped. In a post on Truth Social, Trump wrote:
