Trump steps back from cliff edge of global trade war

For several days, Donald Trump and the White House team argued that they are doing their best to make dozens of “mutual” tariffs. They reported that the president is considering suspension for 90 days on Tuesday.

But now, the pause of the high tariff rate with some notable exceptions is the reality. The fiscal process of the global economic order is pending, and Trump’s promise to the golden age of US manufacturing will have to wait.

The White House said it is planning to close the tariff before starting negotiations with individual countries and press the pause button.

Shortly after the announcement, Scott Bessent, the finance Minister Scott Bessent, said, “We have more than 75 countries contacted us.

Of course, the White House’s frame is not surprising. It is also difficult to ignore the chorus of investor panic, tumbling bond market and Republican criticism and public criticism.

Was there another example of a strategic retreat facing unexpected resistance, or Trump’s “art” negotiated at work?

Trump’s aides (many people who said they would never back down) did not take long to celebrate and celebrate the president’s movement out of the fan.

Trump’s tariffs have been “accurately developed in the necessary way,” said Trump’s tariff situation.

Karoline Leavitt, a reporter for Karoline Leavitt, said, “I haven’t seen it clearly what President Trump is doing here.” “The world is calling the United States.”

They were less clear about Trump’s tariff suspension, and were published on posts on his truth social website. Did the reconstruction of higher tariffs apply to the EU? Mexico and Canada, who originally avoided 10% tariffs, are now included now? Was tariffs aimed at a specific sector?

Ultimately, the White House provided some clarity to these questions, but for several hours, US trading partners carefully investigated Trump’s truth social posts and shouted by Press Gaggles.

On Wednesday afternoon, Trump admitted that the market saw “pretty maeum” and “people were slightly squeaky.” This is a reflection that can weaken some of the brave he expressed last week and to suggest the actual reason for his tariff change.

At the beginning of that day, he told people, “Cool it!” And I promise, “Everything will be good.” And on Monday, he called “Panicans”, a party based on “weak and stupid people” who did not endure their efforts.

But in the end, of course, Trump was that suddenly changed.

But he insisted that his tariffs had to be made and economic turmoil reflected anger in the US economy.

Meanwhile, the Democratic Party painted less rosy paintings. Senator Chuck Schumer, a senior minority leader, has accused Trump’s “rule by chaos.”

“He’s squeaky, retreat, and it’s a good thing,” he said.

After all, the process of thinking about Trump’s decision may not be important.

The reality is that despite the fact that Trump is charged 10%on the board’s tariffs, which had been a big news a few weeks ago, the United States is now making it cool or at least cooler with countries facing retaliatory trade fires.

However, the stock market was low enough to pop back, and Trump now leaned 125%of the tariffs leaning against the trade war with China.

It will be under the global economic influence in itself, but it is more consistent with the recent US foreign policy, including the recent foreign policy of the US foreign policy (Joe Biden Democratic Party), trying to limit China’s ambitions.

But the biggest unknown is whether or not to establish Trump’s behavior -ally last week and threaten the existing global order will make such a strategy more difficult.

And if Trump’s suspension expires in 90 days, economic dramas and uncertainty can be restarted this week.