In the shadow of the tense global trade environment, President Donald Trump announced a 90-day pause on tariffs in early April 2025, affecting over 75 trading partners. 🌍✨
However, Trump expressed doubts about extending this pause, emphasizing that tariffs on China, currently at 145%, will not be reduced unless Beijing makes significant concessions. Trump believes that the recent fluctuations in the stock market are a result of markets adjusting to his tariff policies, noting that there is now a better understanding of his approach. 📈📉
Despite this pause on tariffs, Trump remains determined to increase pressure on China to open its economy, viewing this as the optimal concession. However, he admits that he is uncertain whether he will demand this condition, as he believes China is reluctant to open its economy. Following his statements, reactions in the stock market varied, with the Dow Jones index experiencing a slight decline, while the S&P 500 and Nasdaq 100 indices gained. 📊💼