#TariffsPause
"Fearing a disaster".. Sources reveal to CNN the reason behind Trump's temporary suspension of tariffs
(CNN) -- The surprising decision by U.S. President Donald Trump to backtrack on his comprehensive tariff plan by announcing a three-month suspension reveals his capacity to endure political pain: one week.
On Wednesday, Trump commented on the increasing criticisms that have poured onto the White House over the past week: "They were screaming, they were screaming a little, and they felt a bit of fear."
Even for a president known for his political volatility, his announcement on Wednesday to suspend the long-awaited reciprocal tariffs for three months is a stunning reversal from a plan that just a day earlier seemed fully supported by him, coinciding with the time when his trade representative was testifying on Capitol Hill about the benefits of tariffs, seemingly unaware of the suspension decision.$BTC