The rollback is a sign that President Donald Trump is listening to business leaders about their concerns with the tariffs, Lee said.
Related Posts
UBS upgrades this solar stock to buy, calls it a ‘clear market leader’
A second Trump administration might not necessarily present headwinds for the solar sector as investors have feared, according to UBS.
Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism
The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism of Powell.
European markets head for higher open ahead of German debt reform vote
European markets are heading for a higher open, with investor focus on the German government as it votes on historic debt reforms on Tuesday.