RawDiary

Trump Tariff U-Turn: 90-Day Pause, China at 125%

U.S. President Trump reversed course on sweeping reciprocal tariffs for most nations, pausing them for 90 days while ratcheting up tariffs on Chinese imports to 125%, sending global markets into a frenzy.

24 Hours U.S. President Trump announced a 90-day pause on most reciprocal tariffs while maintaining a steep 125% tariff on Chinese goods, sparking a dramatic shift in global trade dynamics. Markets surged as investors reacted positively to the temporary reprieve, although concerns about long-term economic policy remain. Congressional battles over budget, voter rights, and judicial overreach intensified amid a volatile political landscape. Internationally, the EU and China are recalibrating their responses, while geopolitical tensions resurface with military and diplomatic maneuvers. This pivot in trade policy is reshaping political, economic, and security strategies worldwide. Investors and lawmakers brace for continued volatility today.

Number 125% - China's Tariff Rate

Quote "The tariff pause is no surrender—it’s a strategic reset." — Bill Ackman