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S&P 500 soars 7% after Trump announces 90-day pause on tariffs, raises taxes on China
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%.The S&P 500 was up 7.8% in afternoon trading.
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Information
Source name:
The Associated Press
Unique identifier:
CP174412216
Legacy Identifier:
a12862a64f3f428489cf51b7ca01a42d
Type:
Video
Duration:
41s
Dimensions:
1920px × 1080px 50.64 MB
Usage rights:
Digital platform use only. Broadcast rights and editing of content prohibited.
Create Date:
4/9/2025 8:11:53 PM
Display aspect ratio:
16:9