Trump Announced a Broad Pause on Many of His Tariffs

President Donald Trump has announced a pause to much of his severe tariff program, a stark reversal of his days-old policy that has rattled global financial markets.

“I think the word would be flexible, you have to be flexible,” he told reporters outside the White House after making the announcement on Wednesday.

While the treasury secretary suggested this was the plan all along, Trump told reporters he made the decision after he saw increased tumult in the markets.