Trump Confirms 330PM Tariffs Meeting, Hints At Carve-Outs

US equity markets stalled out this morning – after rallying on headlines that suggested today’s tariff meeting was postponed – following a tweet from President Trump seemingly confirming the meeting will happen:

“Looking forward to 3:30 P.M. meeting today at the White House.”

Trump then seemed to hint at carve-outs (flexibility)…

“We have to protect & build our Steel and Aluminum Industries while at the same time showing great flexibility and cooperation toward those that are real friends  and treat us fairly on both trade and the military.”

And the reaction was negative…