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

2025-04-10 15:53:59       source:The AP News

April 10, 2025


WASHINGTON (AP) — The stock market was soaring and the sun was shining when President Donald Trump stepped out of the Oval Office on Wednesday afternoon. Less than two hours earlier, he had retreated from his plans to increase tariffs on many U.S. trading partners, and investors were rejoicing after bracing for a global economic meltdown.


“You’ve got the markets seeing your brilliance,” Sen. John Barrasso, a Republican from Wyoming, told the president.


Trump agreed. “Nobody’s ever heard of it,” he declared.


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https://apnews.com/article/trump-tariffs-economy-one-week-liberation-day-1aad750dc90829f07473fe17f913b8ba