President Donald Trump is holding a cabinet meeting after an eventful week.

The meeting is scheduled to begin at 12:30 p.m.

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The meeting is Trump’s first since his tariff agenda led the markets into chaos. He announced the rolling back of most tariffs on Wednesday after significant pressure, while boosting tariffs on China to 145%.

Trump is likely to elaborate on his rationale for the moves. His administration has touted his maneuvers as leverage for better trade deals, though some reports claim the change was due to internal pressure from allies.