The president has watered down some of his trade demands, but that’s created confusion in the markets and has forced his administration to adapt its messaging.

Treasury Secretary Scott Bessent has been increasingly called on to soothe tariff worries.Tom Brenner for The New York TimesInvestors search for a way forward

Global markets have gone from “yippy” to feeling calmer, with stocks in Asia and Europe mostly higher this morning and the dollar showing signs of life.

But business leaders and consumers are still bracing for more aftershocks from President Trump’s trade war, while many investors sour on the United States. (Just in: Beijing has escalated its clash with Washington, ordering Chinese airlines to halt new Boeing jet deliveries.)

The Trump administration’s latest response: refocus the message.

Where things stand: Trump’s give-and-take tariffs strategy was on full display on Monday with the president

Keep reading this article on Andrew Ross Sorkin – Author New York Times.

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