Trump suspended the introduction of trade tariffs

US President Donald Trump made an unexpected decision to suspend the introduction of trade tariffs after a key conversation with Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick. Information about this strategic turn was published by the authoritative newspaper The Wall Street Journal (WSJ).

High-ranking officials of the administration's economic bloc managed to choose the perfect moment and persuade the president on the sensitive issue of tariffs. "But there was a serious obstacle in the way: Peter Navarro, Trump's trade advisor, known for his commitment to tariffs, who constantly hovered around the Oval Office," - emphasizes the WSJ in its article.

In early April, Trump sharply increased import tariffs on products from 185 countries worldwide. For many states, including the closest strategic partners of the US, customs rates soared to unprecedented 20-30 percent of the value of imported goods. However, soon the American leader made an unexpected move, announcing a 90-day pause on tariffs for 75 countries, among which were all European Union (EU) states.