Wednesday, April 16, 2025
Uncategorized

What prompted Trump to pause the tariffs affecting the global economy?

Financial markets in the Asia Pacific have jumped this Thursday following Donald Trump’s abrupt decision to pause most of his so called reciprocal tariffs. After announcing the measures on April 2nd, the US president urged people to remain calm, all while major stocks plummeted. On Wednesday though, it was ultimately Trump who reversed course — putting off imposing the levies for 90 days to give markets breathing room and allow for negotiations.

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