Trump's announcement came less than 24 hours after steep new tariffs kicked in on imports from dozens of trading partners.
Trump declared a 90-day pause on reciprocal and 10% tariffs that he had unveiled initially last week, while raising duties on China to 125%.
Global PC shipments jumped 9.4% in Q1 as vendors rushed to stock up ahead of Trump’s new tariffs, but analysts warn of a slowdown later this year.
China sanctioned 18 US defense firms and raised tariffs after Trump imposed a 50% duty on Chinese goods, escalating tensions over trade and Taiwan.
The EU joins China and Canada in retaliating to Trump admin tariffs and escalating a global trade conflict.
"It’s time for the White House to impose a Tariff on Tucker Carlson for illegally importing anti-Semitic Iranian talking points and putting America last,” Cardoza-Moore said.
The short-term gain that Netanyahu thought Israel had been prized with after Trump’s victory and a respite from the sometimes adversary relationship with the Biden administration, has vanished.
Trump's second meeting with Netanyahu this term was, judging by politicians' reactions, not an overwhelming success for Israel's prime minister.
While stock indices in the US and Europe fell by about 10% in two days, the Tel Aviv 35 Index fell by just under 4% yesterday and by 0.62% on Thursday.
This exchange marks the highest-profile disagreement between the President and Musk.