Trump announced a 90-day pause on some tariffs, but many remain in place, while the U.S. tariffs on China will skyrocket.

President Donald Trump has a history of making deals and taking pragmatic approaches that went against a previous political goal. "You have to have flexibility," Trump said.

The tariff selloff tests the long-held practice, with Wall Street warning about the blow to growth.

World shares and U.S. futures advanced Tuesday, led by gains in Tokyo where the Nikkei 225 shot up just over 6% as markets calmed somewhat after the shocks from President Donald Trump ’s tariff

The U.S. stock market is quivering but holding relatively steady in early Wednesday trading after other markets worldwide swung sharply as President Donald Trump’s trade war keeps escalating.The S&P 500 was nearly unchanged after futures markets had earlier indicated it could be heading for a much steeper loss.

Stocks gave up an early rally and briefly went negative as big swings rocked Wall Street for a second straight day.

Stock markets worldwide keep swinging as President Donald Trump’s trade war keeps escalating. The S&P 500 was bobbing between small gains and losses in early trading Wednesday. The index is about 19% below its record set less than two months ago.

President Donald Trump said Wednesday he was open to providing company-specific tariff exemptions, noting the importance of being "flexible" in trade negotiations.

President Donald Trump raised the tariff on Chinese imports to 125% on Wednesday, hours after China boosted the duty on American goods to 84% in an escalating battle that threatens to disrupt trade between the world's two largest economies.

The ongoing turmoil in financial markets from the day the president declared “Liberation Day” finally generated enough pressure for at least a temporary pause.

President Donald Trump is in a tit-for-tat with China over tariffs. If the trade war continues Tennesseans and the rest of America could soon see prices going up.

Several new, sweeping taxes on goods from other countries are already here — and more took effect on Wednesday. Trump has promised higher rates for his latest and most severe volley of duties, which he calls “reciprocal” tariffs.

From the daily newsletter: how turbulence in the bond market likely inspired the Administration’s change of course.

President Donald Trump shared on Truth Social that he has “ authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%.” Trump also raised the tax rate on Chinese imports to 125%.

US President Donald Trump's latest wave of tariffs has come into force, with imports from China hit by a 104% rate amid an escalating standoff between the world's two biggest economies. Tariffs ranging from 11% to 50% now apply to imports from around 60 US trade partners,

China again vowed to “fight to the end” against Donald Trump's tariffs on Wednesday, arguing that trade between the two countries is in balance as a 104% tax on the country's exports to the U.S. came into effect.