RawDiary

Trump Tariff U-Turn: 90-Day Pause Shakes Global Markets, China Slammed

In a stunning move, President Donald Trump halted reciprocal tariffs for 90 days on 75 nations while jacking Chinese import tariffs to 125%. The unexpected reversal sent stock markets soaring, rattled global trade, and ignited sharp international backlash.

24 Hours President Trump shocked global markets by pausing reciprocal tariffs for 90 days for 75 countries while increasing tariffs on China to 125%. Asian indices surged and billionaires celebrated as stock markets rebounded sharply. Trump warned China with ominous rhetoric and directed probes into his critics, deepening political divisions. International leaders, including Canada and figures like Gordon Chang, signaled new economic strategies while NATO and defense chiefs regrouped over Ukraine and Iran. Legal battles ensued as courts limited Trump’s controversial immigration and judicial actions. Tech giants retooled shipments to evade tariffs as cryptocurrency predictions soared.

Number 9.5% - Dow jumps nearly 9.5% after tariff reprieve rally

Quote “This tariff U‐turn is pure chaos—you see no strategy, just panic,” — Senior GOP lawmaker