On May 12, Trump announced a 90-day pause on his previous 145% tariff assessment on many imported goods from China. That move followed an April 9 pause on a wide swath of reciprocal international tariffs revealed a week earlier in Trump’s self-proclaimed “Liberation Day” decree.

Stock futures are pointing to a sharply higher open for major U.S. indexes on Tuesday as investors react to the latest back-and-forth from the Trump administration on trade.

In a one-two posting spree on Truth Social early Friday, he threatened Apple with 25% tariffs on non-US-made iPhones, then attacked the European Union and said he was recommending a "straight 50% ...