Overview

• President Donald Trump has paused most global tariffs for 90 days following severe market disruptions caused by his initial trade policies.
• Tariffs on Chinese imports have been raised to 125%, while a 10% tariff remains on other countries, further complicating U.S. trade strategy.
• Businesses and investors have expressed widespread confusion over the abrupt policy reversal and its unpredictable implications for global trade.
• White House Press Secretary Karoline Leavitt defended the decision, referencing Trump's 1987 memoir 'The Art of the Deal,' a remark that quickly became a target for online memes.
• The tariff reversal and Leavitt's comments have reignited public discourse on Trump's deal-making persona, as shaped by his memoir, and its influence on his political branding.