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President Donald Trump announces a dramatic 90-day pause on some of his recently imposed tariffs, a move that sends U.S. stock markets soaring while simultaneously intensifying tensions with China by raising tariffs on Chinese imports to a staggering 125%. The announcement, made via a post on Truth Social at 10:42 AM PDT on April 9, 2025, is effective immediately and comes after a tumultuous week of market volatility driven by Trump’s aggressive trade policies. White House Press Secretary Karoline Leavitt, Treasury Secretary Scott Bessent, and economic experts weigh in on the strategy, with Wall Street reacting. . .
