Stocks surge after Trump announces 90-day pause on tariffs but raises taxes on China

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WIZMnews.com

Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%. U.S. markets surged in response. The S&P 500 was up 5.7% after erasing an earlier loss of 0.7%. The Dow Jones Industrial Average […]

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