United States President Donald Trump has suspended some tariff measures after consulting with Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, The Wall Street Journal reported.
According to the newspaper, the two ministers tried to persuade the president to ease his plan to introduce aggressive new tariffs, which have stirred economic fears in recent weeks. In contrast, White House trade adviser Peter Navarro reportedly insisted that the tariffs remain in place. He was not briefed on the president's meeting with ministers.
After the meeting, Trump posted on Truth Social that he had decided to suspend part of the tariff measures.
Market reactions and political realities
The Wall Street Journal pointed out that stock markets plunged after some of the newly imposed tariffs went into effect on April 2. This development has reportedly caused considerable tension within the White House leadership, particularly over concerns about the impact on the domestic economy.
Trump later announced on 9 April that he would suspend tariff increases for 90 days for countries that have expressed a willingness to conduct trade negotiations. For them, tariffs of 10 % will apply. This applies to Canada and Mexico, for example, Treasury Secretary Bessent said.
At the same time, however, Trump announced an increase in tariffs on Chinese goods to 125 %, which analysts say signals a continued tough stance against Beijing.
TASS/gnews.cz
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