RawDiary

Trump Pauses Tariffs...Markets Braced Amid Global Trade Chaos

President Donald Trump announced a sweeping 90‑day pause on most tariffs while preserving a crushing 125% duty on Chinese goods. The unexpected policy U‑turn rocked global markets, triggering investor jitters and forcing trade allies to re‐assess their strategies. This bold move sets a volatile stage for US–China relations and hints at deeper shifts in America’s trade warfare tactics.

24 Hours President Trump stunned global markets by announcing a 90‑day pause on most tariffs while keeping a crippling 125% levy on Chinese imports. House Republicans hammered through a massive budget plan aimed at slashing spending and enforcing strict voter ID measures. Rising tensions with China underpin a deepening split, while economic indicators like a 2.4% inflation rate and plunging stocks add to the uncertainty. Tech giants are retooling supply chains and legal battles over insider trading heat up. The tariff U‑turn has left investors and allies reeling on an international scale.

Number 2.4% - US inflation rate in March

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