From ABC News.
Treasury Secretary Scott Bessent and White House press secretary Karoline Leavitt took some reporter questions outside the White House shortly after President Donald Trump announced a pause on some tariffs for countries except China.
"The 90-day pause on the reciprocal tariffs, is that because of the whiplash that we’ve been seeing across the financial markets? How much was what we saw in the stock markets a part of this decision?" a reporter asked.
"No," Bessent replied, "it’s because of the large number of inbounds — we’ve had more than 75 countries contact us, and I imagine after today, there will be more."
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