Morning Business Report: Trump pauses tariffs for 90 days
In a significant shift in trade policy, President Trump has announced a 90-day pause on tariffs for most countries.
(LILAMAX)- In a significant shift in trade policy, President Trump has announced a 90-day pause on tariffs for most countries, with the exception of China. Tariffs on Chinese imports will be raised to 125%, while reciprocal tariffs for other nations will return to the universal 10% rate. The announcement led to a remarkable rally on Wall Street. The Dow Jones…