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'Deals are my art form': How Trump backed down on tariffs

Trump on Wednesday announced an abrupt rollback of his extreme new tariffs on dozens of countries, rallying global markets that had gone into freefall earlier that day following his levy hikes. In a post on his Truth Social network, Trump said he had "authorized a 90 day PAUSE" on tariffs, while he raised levies on China to 125 percent. It ended not with a bang, but with US President Donald Trump and two top aides writing a social media post.Trump's decision to pause worldwide tariffs capped an

Trump on Wednesday announced an abrupt rollback of his extreme new tariffs on dozens of countries, rallying global markets that had gone into freefall earlier that day following his levy hikes. In a post on his Truth Social network, Trump said he had "authorized a 90 day PAUSE" on tariffs, while he raised levies on China to 125 percent. It ended not with a bang, but with US President Donald Trump and two top aides writing a social media post.

Trump's decision to pause worldwide tariffs capped an.