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shuaizhi
@shuaizhi
President Donald Trump has raised tariffs on Chinese goods to 125%, effective immediately, while announcing a 90-day pause on the 10% "reciprocal tariffs" imposed on other countries. The S&P 500 surged 9.5% in a historic rally, marking its largest single-day gain since 2008. Markets in Asia, however, saw declines, with Japan’s Nikkei 225 dropping over 5%. China’s Commerce Ministry has signaled willingness to negotiate, though it maintains its resolve to counter U.S. pressure.
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