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The markets are reeling once againâless than 24 hours after the S&P 500 had its best single day rally since 2008, as investors cheered President Trump's 90-day tariff delay.
The White House confirmed on Thursday morning that the total amount of tariffs on China will now be 145% when accounting for the previous 20% duties already in place. The news came as a surprise to the market as President Trump had posted on Truth Social on Wednesday that the tariff rate charged to China would be 125%....
>>> Read more: The stock market turmoil isn't over despite Trump's 90-day tariff delay
The White House confirmed on Thursday morning that the total amount of tariffs on China will now be 145% when accounting for the previous 20% duties already in place. The news came as a surprise to the market as President Trump had posted on Truth Social on Wednesday that the tariff rate charged to China would be 125%....
>>> Read more: The stock market turmoil isn't over despite Trump's 90-day tariff delay
