Trump on Wednesday said investors were getting “yippy,” but after his tariff pause he described the bond market as “beautiful.”AdvertisementThe tariff drama is far from doneThe S&P 500 stock index jumped 9.5% after the pause was announced. Sure, Trump was no longer going to put a 20% tariff on goods from the European Union, a 24% tariff on Japan or 25% on South Korea. Despite U.S. President Donald Trump's declared 90-day tariff pause for many countries, uncertainty remains in global trade, with the Dow and other international markets falling steeply again. The Budget Lab at Yale University estimated Thursday that even with the pause, Trump’s current tariff regime would pull down a household’s average disposable income by $4,364. “Well, we’ll see what happens with China,” Trump said.

Source: Huffington Post April 11, 2025 15:48 UTC