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The week that Trump pushed the global economy to the brink with tariffs — and then pulled back

  • President Trump retreated from tariff plans on U.S. Trading partners on a Wednesday afternoon.
  • Trump had been fixated on trade deficits, leading him to impose tariffs earlier that week.
  • The week involved tariff announcements, market crashes, and mixed messages from the administration.
  • Trump stated countries were 'kissing my ass' to dissuade him from tariffs.
  • The tariff flip-flop shook confidence, exposed team fractures, and rattled global businesses.
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Shower power, yippy markets and no parade: Trump's week

High drama on stock markets and tensions with China mixed with lighter fare for Donald Trump this week as he again dominated the news agenda for seven days.

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npr broke the news in Washington, United States on Wednesday, April 9, 2025.
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