Trump’s sudden announcement Wednesday that he was temporarily pausing his tariff plan caught the world – as well as most of his allies and administration – by surprise.
The announcement has given foreign leaders some relief, with a new deadline of July 8 now fixed so that trade deals with affected countries and the U.S. can be negotiated. It follows days of chaos in the global markets, with stocks on such a roller coaster that even billionaire business owners were getting the jitters.
