In a twist befitting a grand opera, Donald Trump has declared a 90-day moratorium on tariffs, save for those pesky ones aimed at China. Bitcoin, that capricious creature, has leapt over the $80,000 mark, while the altcoinsâXRP, Solana, and Cardanoâhave pirouetted upwards by more than 10% in mere moments, as if they were auditioning for a role in a financial ballet.
The Dow Jones, not to be outdone, has responded with a dramatic flourish, soaring by 2,000 points, as if it were a phoenix rising from the ashes of uncertainty. Meanwhile, the President has decided to impose a staggering 125% tariff on China, while graciously pausing the others, as if to say, “Youâre welcome, world!”
Trump’s Tariff Tango: A Sudden Change of Heart
Once a steadfast architect of hefty tariffs, Trump has performed a remarkable pirouette. After slapping a 104% tariff on China just last night, he has now chosen to reverse course, allowing the rest of the world to breathe a sigh of reliefâat least for the next 90 days. The tariffs on China remain, of course, because why not keep the drama alive?
âBased on the lack of respect that China has shown to the Worldâs Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping offâŠâ
â Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) April 9, 2025
This news has sent shockwaves through the markets, igniting a rally that has left traders giddy with excitement. At precisely 1:30 PM Eastern Time, the Dow Jones shot upwards, a jubilant rocket of 2000 points, mirrored by other high-profile stocks, all eager to join the celebration. The markets, starved for a morsel of relief, have finally found their feast.
Read More
- Who Is Harley Wallace? The Heartbreaking Truth Behind Bring Her Backâs Dedication
- Basketball Zero Boombox & Music ID Codes â Roblox
- 50 Ankle Break & Score Sound ID Codes for Basketball Zero
- TikToker goes viral with worldâs âmost expensiveâ 24k gold Labubu
- 50 Goal Sound ID Codes for Blue Lock Rivals
- Revisiting Peter Jacksonâs Epic Monster Masterpiece: King Kongâs Lasting Impact on Cinema
- 100 Most-Watched TV Series of 2024-25 Across Streaming, Broadcast and Cable: âSquid Gameâ Leads This Seasonâs Rankers
- League of Legends MSI 2025: Full schedule, qualified teams & more
- KFC launches âKentucky Fried Comebackâ with free chicken and new menu item
- Gamingâs Hilarious Roast of âFake Newsâ and Propaganda
2025-04-09 21:26