RawDiary

Trump Slams Global Tariffs Aside—China Faces 125% Hit

In a shock move reshaping global trade, President Donald Trump announced a 90-day pause on reciprocal tariffs for most nations, while insisting on a steep 125% tariff on Chinese imports. The decision sent global markets into a frenzy, stirring debates across financial circles and geopolitical corridors alike. Critics and supporters alike are watching this dramatic policy reversal closely as it redefines America's trade strategy.

24 Hours President Trump paused reciprocal tariffs for 90 days, except imposing a 125% rate on Chinese imports. Global markets surged as investors reacted to the policy pivot. Wall Street indices rebounded, while US-China trade tensions remain high. International partners scrambled to secure new deals. Immigration policies and judicial decisions faced renewed scrutiny amid executive reshuffles. Federal agencies and corporate giants adjusted strategies. US inflation held at 2.4% and oil prices fell. Congressional battles over budget and regulation continue. Influential voices in politics and media weighed in on the reversal. The move marks a dramatic shift in US trade policy, economically significant.

Number 125% - Tariff on Chinese goods

Quote "This tariff turmoil is a ticking time bomb for our markets" — Senior Wall Street Analyst