#TariffsPause #TariffsPause President Donald Trump announced that he has approved a 90-day suspension of the additional tariffs imposed on a number of countries that have expressed a willingness to negotiate with the United States, in the first indication that the president is beginning to back away from the brink of a comprehensive trade war.

Trump said in a post on the "Truth Social" platform: "Based on the fact that more than 75 countries have reached out to U.S. representatives, including the Departments of Commerce and Treasury and the Office of the Trade Representative, to negotiate a solution... and that these countries, based on my strong insistence, have not taken any retaliatory action in any form against the United States, I have approved a 90-day suspension and a significant reduction in mutual tariffs to 10%, effective immediately.