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I'm your host, Greg Sargent. By now you've heard that President Trump supposedly paused his tariffs.

In reality, we still have a 10% tariff on most global imports.

The tariffs with China are through the roof, and the trade war with China has gotten worse,

causing markets to plunge once again. Fox News has been struggling to spin Trump's so-called

pause as some form of brilliant 11-dimensional chess. But then a Fox business correspondent told the

truth. Trump got spooked by the bond markets. This shattered Fox's own spin.

Meanwhile, at Trump's cabinet meeting Thursday, his top advisors offered extraordinarily

unctious flattery of him. Put this all together and we're seeing a level of sycophancy toward

the president that's unlike anything we've seen before. So today we've invited on the

perfect guest to talk about what this all means, historian Nicole Hemmer, who's written books on

the right-wing media and on the Republican Party. Thanks so much for coming back on, Nicole.

Thanks so much for having me, Greg. So let's start with this bizarre Fox episode. As Matt Gertz of Media Matters chronicled,

Fox personalities have gushed with praise for the tariff pause. Sean Hannity called it the art of the

deal and a huge win for the president. Jesse Waters said Trump created maximum leverage for

himself. Laura Ingram called it Trump's 3D chess move.

3D seems kind of low, actually.

But then Fox senior correspondent Charlie Gasparino said, wait a minute, the bond market

...