Trump announces 90-day tariff pause due to ‘yippy’ critics — after boasting stock rebound ‘gotta be a record’

Source: New York Post

WASHINGTON — President Trump announced Wednesday that his “reciprocal” tariff scheme was being paused for 90 days in response to overtures from dozens of countries — but duties on Chinese imports would be heightened to 125% due to a “lack of respect” from Beijing. Trump, 78, told reporters at the White House that “yippy” critics and a “queasy” bond market were factors in his abrupt reversal — while uttering into a hot mic that a massive uptick in stock value has “gotta be a record” as the Dow Jones Industrial Average surged more than 7%. 4 Trump took a victory lap at the White House after stocks rose.