Democrats insist that Congress investigate President Donald Trump‘s administration over its actions just before announcing a 90-day reprieve on his so-called retaliatory tariffs this week.
Trump on Wednesday announced that every country except China would receive a 90-day delay on the tariffs, with a 10% baseline on the countries subject to the pause. This was a reversal from top aides who had claimed there would be no negotiations.
China faced a tariff of 125% from the United States before the White House announced on Thursday that the rate was 145%.
The 90-day pause announcement led to a stock market surge, with the S&P 500 adding 473.13 points, the Dow Jones Industrial Average adding 2,962.86 points, and the Nasdaq Composite adding 1,857.06 points on Wednesday.
Just before the president’s announcement, Trump took to social media to encourage followers to invest…