According to a news report from Washington, the stock market was doing well, and the weather was pleasant as President Donald Trump emerged from the Oval Office one Wednesday afternoon. Trump had recently decided against raising tariffs on several U.S. trade partners, causing relief among investors who had been preparing for economic turmoil.

Senator John Barrasso praised the president's actions, calling them brilliant, which Trump agreed with, adding that it was an unprecedented move. Throughout Trump's second term, the events of the past week had left many stunned.

Initially, Trump had initiated a trade war by imposing new tariffs, leading to a downturn in the stock market, disruptions in business plans, and concerns among global leaders. However, just a week after his announcement of major tariff increases, Trump surprisingly reduced most of them through a social media post, emphasizing the importance of being flexible.

Although new trade agreements have yet to be established, negotiations are ongoing, creating uncertainty. The trade disputes have raised doubts about U.S. leadership, exposed conflicts within Trump's administration, and affected businesses relying on global trade. The implementation of tariffs on numerous nations, including China, Canada, Mexico, and the European Union, has heightened concerns about potential confrontations between major economies. Tariffs on certain countries have been delayed for 90 days to facilitate trade discussions.