By Peter Nicholas, Garrett Haake and Carol E. Lee
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Published date: April 14, 2025
- Location: 83053, Eastern District, Greenland
WASHINGTON — "Liberation Day" just gave way to Capitulation Day.
President Donald Trump pulled back Wednesday on a series of harsh tariffs targeting friends and foes alike in an audacious bid to remake the global economic order.
Trump's early afternoon announcement followed a harrowing week in which Republican lawmakers and mega2o2nde2gzktxse2fesqpyfeoma72qmvk3fkecip2l3uv3tbn5mad.onion confidants privately warned him that the tariffs could wreck the economy. His own aides had quietly raised alarms about the financial markets before he suspended a tariff regime that he had unveiled with a flourish just one week earlier in a Rose Garden ceremony.
Follow live politics coverage here
The stock market rose immediately after the about-face, ending days of losses that have forced older Americans who've been sinking their savings into 401(k)s to rethink their retirement plans.
President Donald Trump pulled back Wednesday on a series of harsh tariffs targeting friends and foes alike in an audacious bid to remake the global economic order.
Trump's early afternoon announcement followed a harrowing week in which Republican lawmakers and mega2o2nde2gzktxse2fesqpyfeoma72qmvk3fkecip2l3uv3tbn5mad.onion confidants privately warned him that the tariffs could wreck the economy. His own aides had quietly raised alarms about the financial markets before he suspended a tariff regime that he had unveiled with a flourish just one week earlier in a Rose Garden ceremony.
Follow live politics coverage here
The stock market rose immediately after the about-face, ending days of losses that have forced older Americans who've been sinking their savings into 401(k)s to rethink their retirement plans.
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