Well, this screws up my writing schedule for the day. I had a post scheduled for this time but this one is much more important.
President Trump just paused almost all his tariff increases, citing the flood of countries begging for new trade deals to avoid the massive increase in business costs they would impose on them.
BREAKING: President Trump issues a 90-day pause on tariffs “and a substantially lowered Reciprocal Tariff during this period of 10%,” except for China.
The president has raised tariffs on China to 125%, effective immediately. pic.twitter.com/XNBKA6uH7S
— Collin Rugg (@CollinRugg) April 9, 2025
Is this an about-face, or exactly what Trump has been aiming for?
In many negotiations one side or the other will walk away, implying that their interest in the deal isn’t great enough to make the concessions the other side wants. More often than…
