‘PHENOMENAL’: Trump authorizes 90-day pause on tariffs effective immediately

Karoline Leavitt and Treasury Sec. address Trump tariff pause

Karoline Leavitt tariffs: White House press secretary Karoline Leavitt and Treasury Secretary Scott Bessent discuss the latest tariff news coming out of the White House. The announcement comes as President Trump issued a 104% tariff increase on China, with China responding with a 84% tariff of its own. Meanwhile, the Dow Jones Industrial Average spiked more than 1300 points on Wednesday afternoon, as markets continue to fluctuate worldwide as President Trump's tariffs and trade policies go into effect with major trading partners like China, Mexico, Japan, South Korea, Taiwan and Canada.