Bloomberg reported on Saturday and The Wall Street Journal confirmed on Sunday that the Trump administration is tapping the brakes on its tariff deployment strategy. Investors, traders and speculators celebrated the news with a risk-on rally.
According to Bloomberg, "President Trump's coming wave of tariffs is poised to be more targeted than the barrage he has occasionally threatened, aides and allies say, a potential relief for markets gripped by anxiety about an all-out tariff war."
