Markets Soar as Trump Announces 90-Day Tariff Pause

Washington D.C. (WTRF) - Financial markets recovered today following President Donald Trump’s announcement of a 90-day hiatus on most retaliatory tariffs.

However, the President stated that he would increase the tariffs on China to 125% following China’s imposition of an 84% tariff on American products.

White House officials state that the change is due to numerous countries engaging in negotiations to establish new trade agreements.

Experts think the administration is giving in to the pressures stemming from fluctuations in the stock market and demands from international entities.

We have been inundated, primarily by responses from our allies eager to engage in sincere negotiations.
Scott Bessent – Secretary of the U.S. Treasury

The markets have responded negatively to these developments. This underscores the reality of globalization. No single nation can manage the global economy alone, and if the administration proceeds along this path, it won't only affect the United States; it has the potential to influence the entire globe.
Kristina Rohrer – Associate Professor of Political Science at West Liberty University

The duties imposed on imports from non-China nations are presently limited to 10% over the coming 90 days as talks for possible new trade agreements proceed.

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