Tue Jul 08 08:59:47 UTC 2025: Okay, here’s a summary and a news article based on the provided text:

**Summary:**

President Trump’s announcement of broad reciprocal tariffs caused significant market disruption. Shortly after, the White House announced a 90-day delay in the implementation of those tariffs.

**News Article:**

**White House Walks Back Tariff Threat, Announces 90-Day Delay**

**Washington, D.C.** – Just days after President Trump rattled global markets with the announcement of sweeping, reciprocal tariffs, the White House has announced a 90-day pause on their implementation. The move, revealed late last week, comes amid growing concerns about the potential economic fallout from the proposed tariffs, which were intended to address trade imbalances.

The President’s initial announcement sent shockwaves through financial markets, triggering volatility and sparking criticism from economists and industry leaders who warned of potential disruptions to supply chains and higher prices for consumers.

While the White House offered no specific reason for the delay, analysts speculate that it may be intended to provide time for further negotiations with trading partners and to assess the potential impact of the tariffs on the U.S. economy. The 90-day delay offers a temporary reprieve for businesses bracing for the initial impact of the tariffs but leaves uncertainty lingering over the future of U.S. trade policy.

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