The past eight days have proven to be perhaps the highest-stakes study yet in how President Trump negotiates. Why it matters: "Many of you in the media clearly missed the art of the deal," White House press secretary Karoline Leavitt said Wednesday,

President Donald Trump is scheduled to announce significant tariffs on other countries in a speech Wednesday afternoon at the White House.

Trump announced that he authorized a 90 day pause on the lofty tariffs and a “substantially lowered reciprocal tariff during this period, of 10%, also effective immediately” in a post on Truth Social Wednesday afternoon, ending days of speculation around whether or not the tariffs would actually go into effect or were negotiable.

President Trump says his administration is going to work out trade deals with the countries which have approached him after he announced a sweeping tariffs package last week. This comes as his budget deal,

US President Donald Trump's political allies reacted with relief after Wednesday's U-turn on tariffs, insisting it was part of a wider plan. Trump backed down from imposing worldwide higher-rate tariffs,

US President Donald Trump's political allies reacted with relief after Wednesday's U-turn on tariffs, insisting it was part of a wider plan. Trump backed off imposing worldwide higher-rate tariffs, or taxes on imports.

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Trump relieves GOP, markets with tariff reversal President

The global economy appeared to be in open rebellion against President Donald Trump's tariffs as they took effect Wednesday. Business executives are warning of a potential recession caused by his policies,