US President Donald Trump has announced a 90-day pause in the introduction of tariffs and explained his actions by saying that "you need to have flexibility," UNN reports with reference to the BBC.
Details
Earlier, the US president stated that there would be no pauses in tariffs, but today announced a 90-day pause.
"You need to have flexibility," he says.
Sky News also cites Trump's explanation for the pause on tariffs.
"I thought people were overdoing it a bit... they were a little scared," Trump said.
Let's add
Journalists asked Trump whether the tariff "pause" was based on the fall in the bond market.
The US President noted that he was watching the bond market and that it was "beautiful."
"Last night I saw people getting a little nauseous," Trump says of the tariffs.
Previously
US President Donald Trump said on Wednesday, April 9, that he had authorized a 90-day pause on the introduction of new US tariffs and raised them for China to 125% due to "lack of respect."
Trump raised tariffs for China to 125% due to "lack of respect"09.04.25, 21:04