US EditionForbes Daily: Tariff Pause Brings Markets Back From The Brink
- President Trump announced a 90-day pause on many tariffs on Wednesday in Washington, D.C.
- M&A activity was already slowing, and tariffs amplified economic uncertainty, causing market volatility.
- The pause excludes China and includes lowering the reciprocal tariff to a 10% baseline.
- Alan Johnson, a compensation consultant, stated, "We're going to have three more months of paralysis."
- The stock market responded positively, but some analysts warn of potential recession and continued economic concerns.
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Analysts call for caution and do not recommend going back to the market: “Trump has blinked, but the damage is still done”
A few hours after Donald Trump, with the subtlety that characterizes him, assured that leaders of other countries were kissing his lower back thanks to the tariff avalanche, the White House removed most of its aggressive trade program from a taint. The chaotic gestation and communication and tariff plans have stopped a week of insanity in the markets, resulting in a historic reverse, and also a historic rise in the stock markets. However, analys…
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Total News Sources43
Leaning Left6Leaning Right4Center6Last UpdatedBias Distribution38% Left, 38% Center
Bias Distribution
- 38% of the sources lean Left, 38% of the sources are Center
38% Center
L 38%
C 38%
R 25%
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