Trump says he's backing off of his original retaliatory tariffs — for 90 days
1. Trump announced a 125% tariff on Chinese goods, escalating tensions. 2. A 90-day pause on reciprocal tariffs for other countries was authorized. 3. Negotiations will be open for countries not retaliating against tariffs. 4. Major CEOs pushed for reduced tariffs to stabilize investment climate. 5. Trump emphasized certainty in the market after recent global chaos.