$BTC #TariffsPause Markets Surge Due to Pause: The announcement by President Donald Trump of a 90-day pause on all "reciprocal" tariffs caused a strong rebound in US markets, which boosted Asian and European markets. The fear of a catastrophe in the bond market convinced Trump to halt. No Pause for China:

The relief does not extend to China, whose tariffs will increase to at least 145%. But Beijing does not give in: its latest round of 84% retaliatory tariffs on US products is already in effect.