Trump vs. China: 125% Tariffs, 90-Day Pause, and the Shockwaves Hitting Wall Street
Introduction: A Bold Trade Policy Shift by TrumpOn April 9, 2025, President Donald Trump issued a 90-day moratorium on tariffs that had been recently approved for the majority of the globe, thereby exacerbating trade disputes. At the same time, he increased the tax rate on Chinese imports to 125%. The ongoing trade conflict between the … Read more