The Big Story: Will Trump's tariff pause bring relief? Why are critics calling it 'market manipulation'?

In a shocking reversal, US President Donald Trump announced a surprise 90-day pause on tariff hikes for most countries overnight, causing a surge in global markets. This move comes after a period of heightened trade tensions, particularly with China, and has raised questions about the future direction of US trade policies. But while some see it as a step toward stabilising the global economy, others are concerned about the long-term implications of continued tariff uncertainty. So what does this decision mean for the global trade environment? And could this decision signal a shift away from a possible recession? On The Big Story, Hongbin Jeong speaks with Antonio Fatás, Professor of Economics at INSEAD to find out more. See omnystudio.com/listener for privacy information.