Reported 9 days ago
US President Trump has announced a 90-day suspension of tariffs on most countries, excluding China, where the tariff has been raised to 125%. Following this announcement, US stocks surged dramatically, with the Dow Jones increasing by nearly 2,100 points, or about 6%. The S&P 500 and NASDAQ also experienced significant gains, attributed to investor optimism surrounding the tariff pause and potential shifts in production strategies by major companies like Apple and NVIDIA.
Source: YAHOO