Trump freezes some tariffs

U.S. President Donald Trump has said that people are afraid, so on that basis he has approved a temporary tariff freeze, according to Walter Bloomberg, an economic news account on X. Trump had previously said that he would approve a 90-day tariff freeze for countries that do not retaliate against U.S. tariffs and that the reciprocal tariff rate would be applied at 10%. China was excluded from the concession.