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.
Apr 9, 2025
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1 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.
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