Trump retreats from the Cress East of the Global Trade War

Within a few days, Donald Trump and his White House team insisted that they were fully committed to impose broad “mutual” tariffs for dozens of countries. On Tuesday, they even made fun of a report stating that the president was considering a 90-day blanket that caused short growth of the stock market.

But now it’s a pause at higher tariffs, with a few noticeable exceptions, is a reality. The restructuring of the world economic order is stopped, and Trump’s promise of the golden age of American production will have to wait.

The White House stated that it was large in the tariffs and then clicking on the “pause” button before entering negotiations with individual countries.

“We had more than 75 countries that turn to us, and I imagine, after today,” said Scott Baby Treasurer, shortly after the announcement.

It is known that the framing from the White House is not surprising. And it is difficult to ignore panic for investors, overcoming the bond market and growing public dissatisfaction that preceded the messages.

So, was it a strategic retreat before the unexpected resistance, or another example of Trump’s “transaction art” talks strategy at work?

Trump’s assistants did not take a long time – many of the same people who said they would never back down – to solve and mark the president’s step.

Trade Advisor Peter Navaro said Trump’s tariff situation “unfolded exactly as it should.”

“You clearly did not see what President Trump is doing here,” said Caroly Levitt’s press about the crowd of journalists. “The whole world calls on the United States of America.”

They were less clear about the details of Trump’s tariff suspension announced through the message on his social site. Does the EU’s higher tariffs apply? Were Mexico and Canada, which avoid the original 10% of the basic tariffs now? Did the tariffs directly aimed at certain sectors?

Ultimately, the White House gave some clarity on these issues – but for hours of US trading partners, Trump’s social position remained and released details from the answers to the questions that shouted journalists in the press.

On Wednesday afternoon, Trump admitted that the markets looked “beautiful gloomy” and that “people were getting a little difficult” – the reasoning that undermined the part of the bravado, which he expressed over the past week and could hint at the true cause of his tariff change, of course.

However, he insisted that his tariff announcement was what he needed to do, and that any economic violations reflected the disease that was allowed to play in the American economy.

The Democrats, meanwhile, painted a less pink picture. The Senate Minority leader Chak Shumer accused Trump of “chaos”.

“He feels he retreats, and that’s good,” he said.

After all, the process of thinking behind Trump’s decision does not really matter.

The reality is that the US is now doing a pleasant one – or at least more pleasant – with the peoples who have encountered their trade fire. This releases the stock market back and relying on the trade war with China, which the president hit 125% of tariffs.

It will have its own world economic consequences, but it is more in line with the recent American foreign policy – including Democratic President Joe Biden – as he seeks to restrain Chinese ambitions.

Great unknown, however, is whether Trump’s actions over the last week – the establishment of allies that move and threaten the established world order – will bring such a strategy more complicated for search.

And after 90 days, when the Trump pause ends, economic drama and uncertainty this week can begin first.