#TariffsPause #TariffsPause

"Fearing a disaster".. Sources reveal to CNN the reason for Trump's temporary suspension of his tariffs

(CNN) -- President Donald Trump's surprising decision to retreat from his comprehensive tariff plan, by announcing a suspension for 3 months, reveals his ability to endure political pain: one week.

Trump said on Wednesday about the increasing criticisms that have poured down on the White House over the past week: "They were screaming, they were screaming a little, and they felt a little fear."

Even for a president known for his political fluctuations, his announcement on Wednesday to suspend the long-awaited reciprocal tariffs for 3 months is a stunning retreat from a plan that just a day earlier he seemed to fully support. This came at the time when his trade representative was testifying on Capitol Hill about the benefits of tariffs, seemingly unaware of the suspension decision.

It seems that the days of pressure from his Republican colleagues, businessmen, and even close friends did not move Trump, who insisted last week that "my policies will never change."

But by Wednesday, it became clear that the campaign to persuade Trump to change his course would not subside, as it became evident after a sharp sell-off in the U.S. government bond markets, which are usually a safe haven for investors, that the economic repercussions of Trump's strategy could be catastrophic and worse than what...