Trump Makes U-Turn With 90-Day Pause On Reciprocal Tariffs, Doubles Down On China For Retaliation

Wednesday, 9 April 2025
In a sharp escalation targeting Beijing, tariffs on Chinese imports have been raised to 125%, up from the 104% rate imposed overnight, following China’s retaliatory tariff of 84%, announced President Donald Trump.

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Video Credit: Oneindia - Published on April 10, 2025

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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