Trump’s Tariff Reversal Sparks Economic Turmoil and Calls for Investigation

A 90-day tariff pause fails to stabilize markets as Democrats push for probes into insider trading allegations.

President Trump announced a 90-day pause on most tariffs following severe market volatility, but China remains subject to increased rates of 145%.
Global markets experienced dramatic swings, with initial rebounds overshadowed by continued uncertainty and fears of economic recession.
Democratic lawmakers are demanding investigations into potential insider trading, citing suspicious stock activity before Trump’s tariff reversal.
Critics accuse Trump of reckless governance, with his instinct-driven decision-making destabilizing U.S. trade policy and global markets.
Wall Street leaders warn of long-term economic risks, highlighting unprecedented volatility and diminished confidence in U.S. financial stability.