Stocks soar: Why Trump faces scrutiny over tariff pause timing | Donald Trump News

United States President Donald Trump on Wednesday paused steep tariffs on America’s trading partners barring China, instead imposing a blanket 10 percent tariff on goods imported from these nations and territories.

The 90-day pause came within 24 hours of the duties taking effect.

The pausing of most additional tariffs, which had roiled the stock market, sent US major stock indices soaring to one of their biggest single-day gains since World War II, even though they remain nearly 11…

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News Source: www.aljazeera.com

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