Thursday, April 10, 2025

Trump Outmaneuvers Markets, Allies, and China in One Day

"Whiplash: Markets Rally as Trump’s Tariff Strategy Becomes Clear--
What looked like the start of a global financial panic turned into a show of strength from the White House and a stunning rally on Wall Street.
Stocks soared Wednesday after President Donald Trump paused tariff hikes on dozens of U.S. trade partners while slapping China with a punishing 125 percent tariff. The market didn’t crash. It launched.
The Dow jumped 6.98 percent, the S&P 500 shot up 8.19 percent, and the Nasdaq exploded 10.34 percent—one of the best days for equities in a decade.
This wasn’t retreat. It was redirection. The president pulled off a flash launch, turning a tariff-induced selloff into a strategic masterstroke.
And while the door opened for negotiation, the hammer came down on Beijing.
Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff… to 125%, effective immediately,Trump wrote.
Less than 13 hours after new reciprocal duties went live, the president recast the entire framework: allies get breathing room, China gets the boot." 
Breitbart

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