Trump tariff pause sends markets soaring, with S&P 500 seeing one of biggest days since second world war – business live

Trump claims ‘China wants to make a deal’ after raising tariffs to 125%, while 90-day pause for most countries sparks market surgeTrump pauses plans to hike US tariffs on most countries except China‘I know what I’m doing,’ says Trump before pausing tariffsFull list of Trump tariffs: a country-by-country lookToday’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners. Continue reading...

Apr 9, 2025 - 23:37
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Trump tariff pause sends markets soaring, with S&P 500 seeing one of biggest days since second world war – business live

Trump claims ‘China wants to make a deal’ after raising tariffs to 125%, while 90-day pause for most countries sparks market surge

Today’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.

US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners. Continue reading...