U.S. stocks made steep gains yesterday after President Trump reversed course and said he would pause his reciprocal tariffs on most countries for 90 days. But Trump said that China would not be included in the pause, raising tariffs on its exports to 125 percent. The S&P 500 ended the day up 9.5 percent, its best day since October 2008.

Original article source: https://www.nytimes.com/2025/04/09/briefing/tariff-reversal-syria-islamic-state-club-roof-collapse.html
Source Id: 2025-04-685954511