I see this less as caving to the bully and more grown-ups playing with a child. They know they can just nod their heads and play in Trump’s fentanyl fairytale land for a phone call, and that gives them a whole extra month for more trade deals that will make them less reliant on the U.S. The only one losing here is Trump, who just looks like a petulant toddler getting played like a rube, but I suspect he’s too stupid to see it that way.
God, imagine if he was telling the truth. The president of the United States doesn’t pay any attention or heed to the financial markets? It’s just as ludicrous a position!