A Recap of the Tumultuous Week of Trump’s Tariffs

WASHINGTON — 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.

[time-brightcove not-tgx=”true”]

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

Trump agreed.