Bank Of Baku

Trump halts tariffs after speaking with ministers

US President Donald Trump

© APA | US President Donald Trump

# 20 April 2025 08:38 (UTC +04:00)

US President Donald Trump has decided to suspend the implementation of trade tariffs after a conversation with Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, APA reports citing The Wall Street Journal.

According to the publication, Bessent and Lutnick wanted to convince Trump to stop his "aggressive global tariff plan."

As a result, the ministers were able to convince Trump to abandon the imposition of tariffs by finding an unscheduled meeting.

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