For four countries, the tariff rates announced Wednesday are below their April 2 levels, while three countries will see an increase — with Brazil hit hard, in particular.

By Lewis Krauskopf, Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) -Three months after President Donald Trump's sweeping global tariffs led markets to plunge and then rebound ferociously, investors are grappling with the fallout from the still-shifting trade backdrop and adjusting strategies to withstand sudden policy shifts.

After President Donald Trump announced a 90-day pause in imposing his “Liberation Day” tariffs, trade adviser Peter Navarro touted the possibility of “90 deals in 90 days.” In truth, it hasn’t been that easy,