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"Fearing a disaster".. Sources reveal to CNN the reason for Trump's temporary suspension of tariffs
(CNN) -- President Donald Trump's surprising decision to backtrack on his comprehensive tariff plan, announcing a suspension for 3 months, reveals the extent of his ability to endure political pain: one week.
Trump said on Wednesday about the increasing criticism that poured onto the White House over the past week: "They were screaming, they were screaming a little, and they felt a little scared."
And 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 reversal from a plan he seemed to fully support just one day earlier, coming at a time when his trade representative was testifying on Capitol Hill about the benefits of tariffs, seemingly unaware of the suspension decision.
It seems that days of pressure from his Republican colleagues, business people, and even his close friends did not sway Trump, who insisted last week that "my policies will never change."