In a sudden about-face on Wednesday, Donald Trump announced a 90-day pause of many of his hefty “Liberation Day” tariffs on America’s trading partners, following days of tumult on Wall Street and growing expectations that Trump’s trade war would trigger economic catastrophe.

The White House is now negotiating trade deals with dozens of countries after President Donald Trump paused the worst of his sweeping tariffs for 90 days, with foreign countries suggesting the pause will give them breathing room as they seek to reach deals with the Trump administration.