TariffsPause President Trump's decision to suspend tariffs for 90 days (except for China, where taxes surged to 125%) triggered an immediate reaction from financial markets. Here is an assessment of key factors and outlook:

Markets surged in response to reduced trade tensions with the majority of partners (more than 75 countries engaged in negotiations). The S&P 500 recorded its largest increase since 2008 (+9.5%), and the Nasdaq jumped by 12.2%, partially erasing four days of losses related to concerns. The 90-day pause offers a respite to businesses and investors, alleviating fears of a widespread trade war. #TariffPause