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Transcript: Trump’s tariff reversal

  • President Trump initially declared new reciprocal tariffs on most U.S. Trade partners on April 2.
  • Trump's initial declaration was made to address trade imbalances, leading to market volatility.
  • The tariffs impacted markets globally, with the S&P 500 and Hang Seng Index experiencing sharp declines.
  • Following the initial tariff announcement, the levy on Chinese goods was set at 125 percent.
  • Trump paused the tariffs for 90 days on April 9, leading to a surge in Wall Street stocks.
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  • 67% of the sources are Center
67% Center
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unn.ua broke the news in Kyiv, Ukraine on Wednesday, April 9, 2025.
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