President Donald Trump said he is not considering a pause on sweeping tariffs targeting dozens of countries, according to Bloomberg. Trump reaffirmed his commitment to tariffs as a central part of his economic strategy, though he signaled a willingness to negotiate “fair deals” with trading partners. Markets reacted sharply to the shifting signals, swinging wildly throughout the day. Trump also threatened additional 50% tariffs on China and criticized Japan’s barriers to US agriculture while dismissing an EU proposal to eliminate industrial tariffs as insufficient.
