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Fortune
Fortune
Azure Gilman, Brit Morse

Trump's tariff pause gives businesses some breathing room but they're still frozen when it comes to hiring decisions

President Donald Trump at a press conference with his hands raised. (Credit: Kevin Dietsch/Getty Images)

Good morning!

After one of the most volatile mornings for Wall Street in recent memory, President Donald Trump announced a pause on much of his tariff policy yesterday. And although the business world’s response was overwhelmingly positive, labor economists say the pivot is only a temporary reprieve for an already-troubled hiring landscape.  

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