From Reuters.

White House press secretary Karoline Leavitt holds a briefing after days of market volatility prompted by Trump’s sweeping tariffs, which have raised fears of recession and upended a global trading order that has been in place for decades.

Trump said he is waiting to hear from China before duties of more than 100% take effect, but other administration officials said they would not prioritize negotiations with the world’s No. 2 economic power.

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