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On April 9, 2025, President Donald Trump announced a 90-day pause on most U.S. tariffs, providing temporary relief to global markets. However, tariffs on Chinese imports were increased to 125%, intensifying trade tensions between the two nations. The announcement led to a significant surge in U.S. stock markets, with the S&P 500 rising 9.5% and the Nasdaq jumping 12.2%, marking their largest single-day gains in years . Despite this market rally, President Trump indicated on April 25 that another 90-day tariff pause is unlikely, signaling a potential return to stricter trade policies.#TarriffsPause