The temporary pauses followed leaders from Mexico, Canada, and China all vowing to take retaliatory action. Start the day smarter. Get all the news you need in your inbox each mor

President Donald Trump indicated that he's optimistic when asked about the current state of the economy on Tuesday after previously sidestepping questions about fears of a potential recession. Reacting to the growing fears of a tariff war,

The stock market surged on Wednesday after the Trump administration granted automakers a one-month exemption from tariffs imposed a day earlier. The Dow Jones Industrial Average closed the trading session up nearly 500 points, or 1.1%, while the S &P 500 also jumped 1.1%. The tech-heavy Nasdaq increased nearly 1.5% on Wednesday.