Video: Trump Pauses “Reciprocal” Tariffs for Most Countries

“Hello, everybody.” [clapping] “Can you walk us through your thinking about why you decided to put a 90-day pause.” “Well, I thought that people were jumping a little bit out of line. They were getting yippy, you know. They were getting a little bit yippy, a little bit afraid.” “Well, I’m not calling it a trade war, but I am saying that China has escalated, and President Trump responded very courageously to that. And we are going to work on a solution with our trading partners. You might even say that he goaded China into a bad position. They responded — they have shown themselves to the world to be the bad actors. And we are willing to cooperate with our allies and with our trading partners who did not retaliate. It wasn’t a hard message. Don’t retaliate. Things will turn out well.“ [unclear] “I’ll take a look at this. As time goes by, we’re going to take a look at it. There are some that have been hard. There are some that, by the nature of the company, get hit a little bit harder. And we’ll take a look at that.“ [unclear] “Just instinctively, more than anything else. I mean, you almost can’t take a pencil to paper. It’s really more of an instinct, I think, than anything else.“