Asian markets are down despite Trump's tariff pause, ending a brief relief rally. Investors remain wary due to ongoing US-China trade tensions and high tariff rates. US futures are also falling, reflecting persistent market uncertainty and economic concerns.

President Donald Trump’s abrupt decision to reverse course on his sweeping tariff plan by announcing a three-month pause revealed his threshold for political pain: One week.

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.

Trump’s fast-changing tariffs policy has created stressful uncertainty for small businesses that sell on Amazon and other sites and face increased costs.

President Trump’s tariff moves have jolted markets and thrust business leaders into deep uncertainty. Developing a better understanding of tariffs’ primary and secondary macroeconomic effects, as well as any plausible long-term consequences,

Senator Adam Schiff wants Trump to be investigated over potential insider trading and stock market manipulation.

The tariffs on goods imported from China are more like 145% when adding in the Trump administration's previous tariffs tied to the emergency declaration on fentanyl. Trump announced Wednesday that he was bumping up reciprocal tariffs on imports from China to 125%,

Apple moved 600 tons of iPhones to the U.S. from India to shore up its supply in anticipation of tariffs. The company produces most of the supply of its marquee product, the iPhone, in China, but has recently increased its production in India.

Some say the abrupt 180 has only made things more confusing as the world attempts to navigate Trump’s trade war.