#TariffsPause

• President Donald Trump denied that an aggressive bond market sell-off influenced his decision earlier this month to hold off on aggressive "reciprocal" tariffs against U.S. trading partners.

"No, it wasn't for that reason," Trump told Time magazine. "I'm doing that until we come up with the numbers that I want to come up with."

US President Donald Trump speaks during a bilateral meeting with Prime Minister of Norway Jonas Gahr Store in the Oval Office of the White House in Washington, DC, on April 24,2025.