
The penguins and seals won.
Donald Trump’s retaliatory tariffs, which he said would bring back manufacturing jobs, boost the economy, pay off the national debt and cure warts, were less than a week old when he announced he had substantially scaled them back for 90 days. “[B]ased on the fact that more than 75 countries have called representatives of the United States,” Trump explained Wednesday on Truth Social, “I have authorized a 90 day pause, and a substantially lowered reciprocal tariff during this period of 10 percent — also effective immediately.”