Bonus: Trump’s Tariff Backtrack Rocked Markets. What Do Investors Need to Know?

In this special bonus episode of WSJ’s Take On the Week, we dive into the most pressing questions for investors about tariffs and markets following the news of President Trump’s 90-day pause on some of his largest import taxes. Co-host Telis Demos is joined by two friends of the show, WSJ reporter Miriam Gottfried and investing columnist Spencer Jakab. They get into which sectors are most exposed to tariffs, how consumer-facing companies such as Restoration Hardware and car-parts sellers have been affected, the political calculus behind the tariffs, and what the repeated policy shifts mean for the dollar as the world’s reserve currency. Further Reading Live Q&A: What’s Happening With the Markets?—Our Reporters Answered Your Questions Trump U-Turn Halts the ‘Sell Everything American’ Trade, but the Fallout Remains  ​​Democrats Seek Trading Probes After Trump’s Tariff U-Turn  Trades Before Trump Tariff Post Draw Scrutiny  Sign up for the WSJ's free Markets A.M. newsletter written by Spencer Jakab. 

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