In a sudden turn, President Trump suspended his controversial tariffs for three months, just a week after insisting on their implementation. This reversal came as a result of intense political and economic pressures, with experts warning of catastrophic consequences for the financial markets.
* Reasons for the reversal:
* Fear of a potential economic collapse.
* Increasing pressure from Republicans and businessmen.
* Sharp fluctuations in the U.S. government bond market.
* Duration of the suspension: three months, indicating the possibility of reconsidering the decision.
* Parallel escalation: Trump raises tariffs on China to 125%.
* Summary: Trump's decision reflects the challenges in achieving his economic goals.
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