White House advisers and Cabinet members are trying to project confidence and calm as they defend President Donald Trump’s economic policies after another week of reeling markets.

UK shares climbed on Monday in broad-based gains after U.S. President Donald Trump exempted smartphones and computers from steep Chinese tariffs, offering investors some relief following weeks of market volatility.

While investors remain anxious about the impact of tariffs on global markets, White House advisors are warning against panic. The fast-changing nature of Trump's trade policies means this message is — however — hard to swallow.

It was another wild week in the financial markets regarding President Trump's tariffs. Last week, the President suddenly pressed the pause button. The markets jumped, then retreated Thursday, only to bounce back Friday.

President Trump’s newly announced 90-day pause on most reciprocal import tariffs has left a major industry behind: autos. Despite lowering tariffs to 10% for 75 countries, the 25% tariffs on imported vehicles and auto parts remain firmly in place,