Donald Trump has announced a delay in imposing tariffs on various goods from Canada and Mexico, an abrupt shift following recent trade policy decisions. He claimed this move is unrelated to recent fluctuations in the stock market, as concerns grow among investors regarding his economic strategies. In parallel, Trump has instructed his cabinet to exercise caution in federal layoffs, notably distancing Elon Musk's role in job cuts, and adopting a surgical rather than aggressive approach to workforce reductions.
Trump stated that he has instructed his cabinet secretaries to be careful with staffing changes, emphasizing a more measured approach to job cuts, likening it to using a "scalpel" rather than a "hatchet."
Despite the significant tariffs he recently imposed, Trump announced a delay on duties for many goods from Canada and Mexico, which he maintains is not related to stock market trends.
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