💨 Abstract

US President Donald Trump has reversed his global tariffs decision for 90 days, except for China, following a week of market plunges. The tariff pause was announced hours after Trump gave financial advice to his followers on his Truth Social account. Stock markets soared following the announcement, but US representatives are questioning how Trump could give trading advice before making such a major economic decision. Trump claimed he paused the tariffs because people were reacting too strongly.

Courtesy: metro.co.uk

Summarized by Einstein Beta 🤖