Shortly after President Donald Trump on Wednesday suddenly resigned at an unstable “reciprocal” tariff, institutionalized a 90-day pause for the most affected countries except China, reporters asked him what took him to changes in the course.
“I think people jump a little out of the ranks. They get Yippy. You know, they become a little you, a little scared,” Trump said when the OP photo with a racing champion outside the White House.
It is unclear what he really meant, but he gave a signal that he had watched a very volatile market, including selling at the bond market where he said “People are a little nauseous.”
“During the last few days it looks very grim,” he said, before quickly switching to the uptick herald immediately after the announcement of the 90 day-one pause which was first communicated at a social media post that shook the market and the world.
President Donald Trump spoke during the event with a racing champion from the Nascar Cup Series, NTT Indycar Series, and the IMSA Weathertech Sportscar Championship, at the White House in Washington, 9 April 2025.
Saul Loeb/AFP Via Getty Images
“You have to be flexible,” Trump explained, even though it repeatedly insisted on the tariff here to stay. “You should be able to show a little flexibility. And I can do that.”
Then, in the Oval office, Trump said the break was something he thought of during the time period that “came together this morning.”
“And we decided to pull the trigger, and we did it today, and we were happy about it,” Trump said.
It was a shift that was marked from the gontang at the beginning of the week. Trump told the ABC News White House Correspondent Mary Bruce on Monday that he “did not see” pauses.
On Tuesday night, a few hours before the raised tariff applies, the challenging message for members of the Republican parliament is: “I know what I am doing.”
The White House official turned Trump’s reversal who suddenly was brave and even part of a large negotiation strategy as a whole, although the administration had sent a variety of messages about whether bargaining and even on the table.
“It takes great courage, great courage for him to continue to take courses to date and what we have done here,” said Minister of Finance Scott Bessent.
President Donald Trump is preparing to sign the executive order at the White House Oval Office, April 9, 2025 in Washington.
Saul Loeb/AFP Via Getty Images
“President Trump created the influence of maximum negotiations for himself, and the tariff came into force 15 hours ago, which we had sent down … Announced a week ago, and we have just been overwhelmed, overwhelmed by the responses of most of our allies, who want to come and negotiate with good faith,” Besent said.
White House Press Secretary Karoline Leavitt told the media, “explained you miss the art of an agreement” – References that are not so subtle for the 1987 Trump book.
“We finally have a president here in the White House that plays a long game, which does what is right for American workers in our industry here at home,” Leavitt said.
While the market jumped after the announcement of Trump’s break, uncertainty continued on what happened next.
Bessent said Trump wanted to be “personally involved” in negotiations with other countries, and that “it would take time.” Trump said he wanted to make a “fair agreement.”
White House Press Secretary Karoline Leavitt and Financial Secretary Scott Besent spoke with reporters outside the West Wing Wing, April 9, 2025, in Washington.
Nathan Howard/Reuters
Towering big is the Chinese factor as the US and Beijing – the two largest economies in the world – increase tariffs.
As part of the break, the White House says for countries that want to negotiate, the basic tariff level for all countries will be reduced to 10%. However, for China, the tump tariff was increased to 125% after Beijing issued a retaliation tax against US goods.
Trump said on Wednesday that he was “honored” to have a tariff, on the grounds that no other president would do it.
“Nothing has ended, but we have extraordinary enthusiasm from other countries, including China,” Trump said. “China wants to make an agreement. They just don’t know how to do it.”
Trump’s “Liberation Day” launched a high tariff for dozens of trading partners marked the achievements that Trump was pursued for decades.
But on the following days, the market declined and trillions of dollars were lost in retirement accounts and tertiary savings. Republicans and business leaders began openly expressing increased anxiety about the major approach of the president, some of which Trump said he had watched on cable news events.
The Senate and House Republicans expressed relief after Trump’s heart changes.
“A lot of smiles,” said Senator Mike Rounds.