#TariffsPause

"Fearing a disaster".. Sources reveal to CNN the reason for Trump's temporary suspension of tariffs

(CNN) -- The surprising decision by U.S. President Donald Trump to retreat from his comprehensive tariff plan, by announcing a 3-month suspension, reveals his ability to withstand political pain: one week.

On Wednesday, Trump remarked about the increasing criticisms that poured onto the White House over the past week: "They were screaming, they were screaming a little, and felt a little scared".

Even for a president known for his political volatility, his announcement on Wednesday to suspend the long-awaited reciprocal tariffs for 3 months represents a stunning reversal from a plan that just a day earlier he seemed to fully support, and this came at a time when his trade representative was testifying on Capitol Hill about the benefits of tariffs, seemingly unaware of the suspension decision.

It seems that the days of pressure from his Republican colleagues, business leaders, and even close friends did not move Trump, who insisted last week that "my policies will never change".

But by Wednesday, it was clear that the campaign to persuade Trump to change course would not subside as it became evident, following a sharp sell-off in U.S. government bond markets, which are usually considered a safe haven for investors, that the economic repercussions of Trump's strategy could be catastrophic and worse than expected $.