Trump said to have assured CEOs that a policy pivot on tariffs is underway

Charlie Gasparino from Fox Business is out with an interesting tweet:

CEOs are speaking with the White House on the trade war; one told me that Trump has an open door policy and is listening to their concerns on the tariff impact on the economy and markets. The overwhelming fear expressed both to Trump and his aides is that the tariff war needs to end ASAP because it will stoke stagflation if it persists, a 5% yield on the 10-year bond, which carries a whole set of risks . Also, that Trump needs to quickly pivot to his growth agenda. The White House is said to have assured CEOs the pivot is happening and deals are being done. Also that there is plenty of room to negotiate with China. Story developing

That's a good sign but I still want to know if 10% is the floor rate for tariffs because I don't think that's going to be good enough.