Trump says he's raising China tariffs further, pausing reciprocal tariffs for others
1. Trump raised tariffs on China to 125%, escalating trade tensions. 2. Dow, Nasdaq, and S&P 500 experienced significant gains due to market rebound. 3. China responded by raising tariffs on U.S. goods from 34% to 84%. 4. More than 75 countries are suggesting negotiations for trade solutions. 5. EU approved retaliatory tariffs on $23 billion worth of U.S. goods.