Loyal Republicans on Capitol Hill, who have long given Donald Trump wide latitude on policy matters, got a reprieve Wednesday from several days of grim economic news, when the president’s pause on his sweeping tariffs sparked a stock market surge.
Iowa Sen. Charles E. Grassley told reporters that Trump’s 90-day delay on reciprocal tariffs — except those on imports from China — ”brings predictability, it shows moderation. It shows that there’s kind of an end game.”
Speaker Mike Johnson was among several Republicans hailing the move as part of a deliberate presidential plan.