President Donald Trump has now announced a major about face on his tariff policy. Trump stated on his Truth Social account that while he would be increasing tariffs on Chinese goods to 125% he would also be delaying additional tariffs on all other countries who had not retaliated.
Markets were up significantly on the news.
TRUMP PAUSES TARIFFS.
— Jake Sherman (@JakeSherman) April 9, 2025
CHINA TARIFFS TO 125% pic.twitter.com/IcXYbaMvRv
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