President Donald Trump's recent signals to cool down the tariff fight have been cautiously praised by The Washington Post editorial board, highlighting potential turnaround on tariffs and economic policies.
Key Points
President Trump's recent signals to cool down tariff wars
Treasury Secretary Scott Bessent's speech on increased leadership in international institutions
Editorial board's cautious praise for Trump's potential turnaround on tariffs
Pros
President Trump showing willingness to seek fixes for issues he created
Potential softening of tone on certain economic policies
Hope for a soft landing for the economy and potential recession avoidance
Cons
Lingering uncertainty over future tariff levels affecting Main Street
Businesses struggling with changing policies impacting long-term investment decisions