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What Really Happened After Trump's Tariffs
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Subscribe10 APR 2025 / ECONOMY
US President Donald Trump has announced a 90-day halt to recently imposed tariffs and implemented a reduced 10% reciprocal tariff, following backlash from around 75 countries, leading to notable rallies in the Nasdaq, S&P 500, and Dow Jones markets. While some tariffs will remain in place, Trump's pause comes in the wake of increased market volatility, possible recession and major retaliatory tariffs from trading partners such as China and the EU.
On April 9, 2025, President Donald Trump announced a 90-day pause on the sweeping tariffs introduced a week earlier, following outreach from over 75 countries and mounting financial volatility. He also implemented a reduced 10% reciprocal tariff, eff...
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