0
0
Generated News

Trump Pauses 'Reciprocal' Tariffs for All Countries Except China

President Trump has shifted his trade war from America vs. the world, to the U.S. vs. China.
0
0
Apr 9, 20251 min read

President Trump announced a pause on reciprocal tariffs for most countries, maintaining higher tariffs on China amid intensified trade tensions.

What’s the Scoop?

  • Global Relief: President Trump paused global tariffs, offering relief to global markets and allies by allowing time for new trade negotiations.
  • China Targeted: Tariffs on China rose to 125%, reflecting heightened trade tensions and criticism of China's economic practices.
  • Market Volatility: Stock markets rallied, with the S&P 500 surging 7% after Trump eased global tariff fears.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.