President Donald Trump has admitted that his decision to delay further tariff hikes was driven in part by a sharp downturn in the US financial markets, saying he was closely monitoring investor sentiment as people grew too “yippy” and “afraid” before announcing a 90-day freeze. While Wednesday’s surge added over $5 trillion in market value, the US markets have yet to fully recover losses sustained since the president launched the tariff war last week. Trump also cautioned that the situation remains fluid, adding that “nothing is over yet,” with dozens of countries – including China – now seeking to secure fair deals with the US to avoid the full impact of the tariffs.
Author: RT
Published at: 2025-04-09 22:46:06
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