Wall Street’s Nasdaq Jumps More Than 10% After Trump’s Tariffs Pause

U.S. markets rallied sharply Wednesday after President Trump announced a 90-day pause on recently implemented country-specific tariffs (except for China). The Dow jumped 7.9%, S&P 500 rose 9.5%, and Nasdaq soared 12.2%. While most trading partners will temporarily face a reduced 10% tariff rate, China was singled out with a steep 125% tariff due to its “lack of respect” for world markets.READ FULL