As has increasingly become the norm since Donald Trump first unleashed his supersized “Liberation Day” tariffs two months ago, the markets once again saw a huge upswing on Tuesday after the president announced he was pausing the hefty import taxes he had threatened to impose on the European Union just days before.
And Wall Street investors have now picked up on the president’s pattern of backing down from his trade-war threats and are buying stocks accordingly, knowing that Trump’s backtracking will inevitably cause a stock market rebound.
