Trump Announces 90-Day Pause On Hefty Tariffs — Though 10% Levies Will Remain
1. Trump announces a 90-day pause on new tariffs, boosting market confidence. 2. S&P 500 and Dow rose 8% and 7% respectively post-announcement. 3. Tariffs will be lowered to 10% for all except China, facing 125% tariff. 4. Over 75 countries reached out to negotiate, preventing retaliation. 5. Indexes remain down from levels before last week's tariff announcements.