Trump's tariff suspension: Behind closed doors with Commerce and Treasury secretaries, some senior White House officials caught off guard
Odaily News Trump announced the suspension of tariffs last night, triggering violent market fluctuations. By compiling media information, the timeline behind this event is as follows:
At 9:33 a.m. local time, Trump posted on Truth Social, asking everyone to "stay calm," and later added that "now is a good time to buy."
At the same time, U.S. Commerce Secretary Lutnick received a call from the European Union's top trade official, Maros Sefcovic, and the EU approved countermeasures against U.S. steel and aluminum tariffs that day.
By noon on Wednesday, Lutnick was sitting in the Oval Office of the White House with U.S. Treasury Secretary Jeff Bessant and began discussing the latest tariff policy with Trump.
At 1:18 p.m., Trump announced the decision to suspend tariffs on Truth Social.
It is reported that this sudden turn even caught some senior officials off guard. After Trump posted the post, his assistants immediately stood up to discuss how to proceed, and Bessant and White House Press Secretary Levitt quickly held a press conference.
After announcing the suspension of tariffs, Trump told reporters that he had been considering changing course over the past few days and the final decision "may have been made early this morning." (Wall Street News)
