#TariffsPause Trump had announced tariffs on many countries (so-called "reciprocal tariffs") but now paused most of them for 90 days — except for tariffs targeting China.
China just officially lifted its 125% tariffs on some U.S. imports — that's a positive gesture.
Markets are reacting to all this uncertainty — traders hate unclear policy. That's likely why you’re seeing a DUMP (sell-off) again.
In short:
U.S. tariffs (except on China) paused = good for markets
China reducing tariffs = good for markets
But Trump's mixed signals = bad for markets (volatility)
Clarity:
Short-term: Markets could bounce with positive China news.
Mid-term: Still volatile because of Trump's unpredictable announcements.