TOKYO -- U.S. President Donald Trump abruptly reversed course on the steep "reciprocal tariffs" that recently rattled global markets, announcing a 90-day pause on the additional country- and region-specific levies just 13 hours after they were imposed on April 9.
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How tariff-hit Vietnam could signal dawn of a post-U.S. Asia
Trump's erratic policies nudge Hanoi toward Beijing
Vietnam’s Communist Party General Secretary To Lam, right, poses with Chinese President Xi Jinping during their meeting in Hanoi on April 14. (Pool via Reuters)
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