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Donald Trump presses 90-day pause button on reciprocal tariffs for most nations, but raises tariffs for China

IndiaTimes Wednesday, 9 April 2025
Donald Trump said that he's backing down on most nations' tariffs for 90 days amid market meltdown, but he's raising China tariffs.
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News video: Breaking: Trump Halts Tariffs for 90 Days: China Left Out, Global Markets in Turmoil | WATCH

Breaking: Trump Halts Tariffs for 90 Days: China Left Out, Global Markets in Turmoil | WATCH 02:19

 President Donald Trump has declared a 90-day pause on all new "reciprocal" tariffs, excluding China, which now faces a 125% levy. The decision triggered a massive rally on Wall Street, with the S&P 500 seeing its best day since 2008. Trump emphasized the need to avoid hurting friendly nations....

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