#TariffsPause Trump takes a step back... except for China
On April 9, 2025, in the face of a historic market drop, Donald Trump declared a 90-day pause on most tariffs, thus sparing many countries. However, China remains targeted with tariffs raised to 125%. This decision led to a spectacular rebound in the markets: the Nasdaq surged by 12.16%, the S&P 500 by 9.52%, and the Dow Jones by 7.87%.
Moral: When Trump hits pause, Wall Street hits "play".