President Donald Trump and his advisers said this was the plan all along: Scare the bejesus out of the world by announcing astronomically high tariffs, get countries to come to the negotiating table,

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Jitters about US tariffs hammered Asian stocks again early Friday as President Donald Trump acknowledged a "cost" to his surging trade offensive against superpower rival China.

Donald Trump has announced a 90-day pause in additional tariffs on a wide range of countries willing to negotiate with the US, sending stocks surging as the president backed down from a full-blown trade war.

U.S. President Donald Trump allowed a mere 90-day pause for deals to be made. The 10% tariff is not the permanent rate.

The S&P 500 rose 9.5 percent after President Trump announced he would pause his “reciprocal” tariffs for 90 days, but economists warned that American importers were not out of danger.

The White House also confirmed that the tariffs on China would reach 145% due to a pre-existing 20% levy on fentanyl

U.S. stocks are diving Thursday and surrendering much of their historic gains from the day before as President Donald Trump’s trade war continues to confuse and threaten the economy, even if its temperature has cooled a bit.

President Donald Trump conceded today that there may be “transition problems” with his trade policies, but said his team is “working on deals” with multiple countries and expressed optimism that the US and China will reach a deal.