The suspension of customs duties for 90 days on most countries (except China) serves as a massive economic stimulus. This means that trade costs suddenly decrease, encouraging imports and exports and increasing corporate profits, which logically leads to a rise in the stock market.

Increasing customs duties on China to 125% reflects a significant escalation in the trade war with China. This could lead to global economic tensions, but it may be considered domestically (in America) as support for American companies against Chinese imports, boosting investor confidence in local markets.

The rise of the American stock market by adding $5.5 trillion is a huge leap, indicating a violent buying wave and renewed confidence in the American economy.

Bitcoin rising above $83,000 indicates that investors also see an opportunity in digital assets, perhaps as a hedge against inflation risks or monetary policy fluctuations.