Captain Chaos, AKA The Fascist Felon, came to his limited senses and paused tariffs for 90 days on more than 75 trading partners who did not retaliate in the hours after it went into effect, a stunning reversal from the White House after days of painfully volatile moves in U.S. markets.
The pause did not apply to China — which has clapped back at Trump’s tariffs. Trump instead said duties against China would now climb to a total of 125%, effective immediately.
It’s unclear what prompted The Fascist Felon to shit a clue.
U.S. stocks soar after Trump pauses higher tariffs for 90 days except for China
U.S. stocks surged on Wednesday after President Trump announced a 90-day pause on the higher tariffs he had imposed on most countries, except for China.
Currently the DOW is up 2673–40, 296.
