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U.S. Stocks Jump After Trump Authorizes 90-Day Pause on Reciprocal Tariffs Except China

Reuters ·  Apr 10 01:39

U.S. stocks jumped after President Donald Trump said he has authorized a 90-day pause on reciprocal tariffs for all trading partners except China.

The president announced Wednesday afternoon on his Truth Social platform that reciprocal tariffs will also be lowered to 10%, effective immediately.

That won't be the case for China, which now faces a 125% tariff, Trump said.

Write to Dean Seal at dean.seal@wsj.com

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