RawDiary

Trump Reverses Course: 90-Day Tariff Pause Launches Market Rally

In a stunning U-turn, President Trump announced a 90-day pause on most new tariffs, igniting a global market rally and easing trade tensions—although China now faces a punitive 125% duty. The decision has sent ripples through international diplomacy and domestic fiscal policy, reshaping investor sentiment and igniting heated debates in Congress.

24 Hours In a dramatic turnaround, President Trump paused sweeping reciprocal tariffs for 90 days on most nations while imposing a 125% tariff on China, sparking a historic market rally and easing global trade fears. The move has reoriented diplomatic alliances with Canada and the EU adjusting their strategies, while fueling debates in Congress and judicial challenges over deportation and regulatory policies. Simultaneously, tech giants scramble to sidestep tariffs, and fresh investigations target political foes. The action signals an unpredictable administration reshaping both domestic economic policy and international trade dynamics.

Number 2800 pts - Dow Jones' record 1-day surge post tariff pause

Quote ‘Time to squeeze Chinese heads into the wall’ — Kevin O’Leary