Republicans try to paint Trump tariff climbdown as stroke of genius

Democrats reacted with anger and Republicans with praise after Donald Trump made a shock retreat on Wednesday, announcing a 90-day pause on the hefty tariffs he had just imposed on dozens of countries. Trump said in an abrupt announcement on Wednesday that he would be implementing a 90-day pause on his tariff plan, and that goods entering the US from most countries would now face a 10% blanket tariff until July, except for Chinese exports, which he said would face a tariff of 125% effective immediately. Following the announcement, global markets, which had plummeted in response to the sweeping tariffs,…