Trump Pauses Global Tariffs for 90 Days — But Slams China With 125% Rate
Video Credit: FanReviews - Duration: 01:05s - Published
Trump Pauses Global Tariffs for 90 Days — But Slams China With 125% Rate
President Trump paused new 10% tariffs on most global trading partners for 90 days to allow room for negotiations — but raised tariffs on China to 125% “effective immediately,” citing disrespect toward global markets.
China had just raised its U.S. tariff rate to 84%.
More than 75 countries have contacted U.S. officials for talks.
The S&P 500 soared 7% on the announcement, its biggest one-day gain in five years.
Trump unleashed a scathing attack on China, Ukraine, and the Houthis, with prominent figures like Elon Musk, Tulsi Gabbard, and Pete Hegseth in attendance. As tensions escalate globally, Trump didn’t..
US economy has contracted for the first time in three years, raising alarms over a potential recession. This downturn is being linked to the abrupt economic policies enacted during Trump's tenure,..
Trump declared that his tariffs are having a devastating impact on China’s economy, claiming that factories are shutting down and cargo ships are "turning back." Speaking with visible satisfaction,..
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