Tag: Tariff war

In stunning U-turn, Trump walks back some tariffs, triggering historic market rally

WASHINGTON, April 9 – In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher. Trump’s turnabout on Wednesday, which came less than 24 hours after steep […]

Amid turmoil over tariffs, Bessent rises in Trump trade world

WASHINGTON, April 10 – Minutes after President Donald Trump announced a 90-day pause on a tariff plan that triggered a stock market rout and global upheaval, U.S. Treasury Secretary Scott Bessent strode out of the White House to explain the abrupt turnabout. “President Trump created maximum negotiating leverage for himself,” Bessent told […]

Headlines