President Trump paused his plan to increase tariffs on countries around the world, with the exception of China, a dramatic reversal after days of market turmoil that led to a surge of relief on Wall Street.

Beijing raises tariffs again, says it will oppose US 'bullying' Bond prices fall, dollar weakens, gold hits record high Trump predicts stability once countries cut trade deals with US Stocks recover but inflation and recession fears persist ABOARD AIR FORCE ONE/BEIJING/LONDON,