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. Be the critic on Fan Reviews.
