Trump administration briefing: Trump changes tack on tariffs – again – as US plans to close consulates
Trump shelves Canada-Mexico tariffs; Musk says he is not to blame for mass firings of federal workers – key US politics stories from Thursday at a glance
Donald Trump has performed another reversal on tariffs, delaying duties on many goods from Canada and Mexico again. Trump said the reversal has “nothing to do” with turbulence in the stock market in recent days, as investors weighed his economic plans. On Wall Street, the S&P 500 fell 1.8% on Thursday. “I’m not even looking at the market,” he claimed.
It was also a day where the focus fell on the power wielded by Elon Musk and the president’s plans for US consulates in Europe.
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