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Earlier this month, Trump announced a significant increase in tariffs on about 60 economies, a move that instantly stirred up a storm in the international economic arena. He then quickly decided to suspend these tariff measures for a period of three months. Trump stated that this is to give trade partners enough time to negotiate and reach related agreements, and during the negotiation period, the basic tax rate of 10% will remain unchanged.

At the same time, he emphasized that the claims made by people like Bessent about convincing him to postpone tariffs are entirely based on his own considerations of the overall situation, and he is not worried about the turmoil in the bond and stock markets caused by his tariff increases. Although there may be some fluctuations in the short term, this is also a necessary process to achieve economic goals.