MARKET SOARS: Trump Raises Tariffs on China to 125% But Announces 90-Day Pause For Countries Who Reached Out to Negotiate

President Trump issues a 90-day pause on tariffs “and a substantially lowered Reciprocal Tariff during this period of 10%,” except for China. Isolating China.

Checkmate.

Treasury Secretary Scott Bessent: “Do not retaliate and you will be rewarded. So every country in the world wants to come and negotiate. We are willing to hear you. We are going to go down to a 10% baseline tariff for them and China will be raised to 125% due to their insistence on escalation.”

CNBC: The stock market mounted one of its biggest rallies in history after President Donald Trump announced a pause in some of his “reciprocal” tariffs on the globe, causing a market that has been under extreme pressure for the past week to explode higher.

The S&P 500 skyrocketed 9.52% to settle at 5,456.90 for its biggest one-day gain since 2008. For the broad market index, it was the third-biggest gain in post-WWII history. The Dow Jones Industrial Average advanced 2,962.86 points, or 7.87%, to close at 40,608.45 for its biggest percentage advance since March 2020. The Nasdaq Composite jumped 12.16% to end at 17,124.97, notching its largest one-day jump since January 2001 and second-best day ever.

About 30 billion shares traded hands, making it the heaviest volume day on Wall Street in history, according to records that go back 18 years.

President Trump:

Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable. Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately. Thank you for your attention to this matter!

He told everyone when to buy. Did you listen? https://t.co/aOJnp0duWD

— Jack Poso 🇺🇸 (@JackPosobiec) April 9, 2025

Brilliant. Make China's products so expensive that other countries now have the opportunity to compete and erode China's global market share. Price China completely out of the global marketplace. Let's see if they're smart enough to see what's happening here. -VJ

— RealVinnieJames (@RealVinnieJames) April 9, 2025

WATCH IN FULL: @SecScottBessent and @PressSec brief the media on @POTUS's tariffs announcement pic.twitter.com/DqBaxEcG0z

— Rapid Response 47 (@RapidResponse47) April 9, 2025

The 75 countries that reached out to President Trump to negotiate just got rewarded big time. The others that thought they could puff their chest out will now suffer with China.

Good luck.

— George (@BehizyTweets) April 9, 2025

Watch this:

This is the hardest shit I’ve heard in the 10 years of MAGA pic.twitter.com/ZASGs7dCmp

— Andrew McCarthy (@AMcCarthyNY) April 9, 2025

Boom.

BREAKING: Trump Issues a Tariff Pause, Smacks China Again

By: Katie Pavlich, Townhall, April 09, 2025 1:33 PM
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AP Photo/Mark Schiefelbein

President Donald Trump issued a 90-day pause on tariffs for countries coming to the negotiation table with the United States Wednesday afternoon, sending the stock market soaring.

“Based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subiects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately,” Trump posted on Truth Social.

pic.twitter.com/Jo2WC6gYA1

— Katie Pavlich (@KatiePavlich) April 9, 2025

In addition, Trump increased tariffs on China as the Chinese Communist Party plays a game of chicken with their economy and trade negotiations with the United States.

Treasury Secretary Scott Bessent: "As I said a week ago today don't retaliate… And China kept escalating and escalating. Now they have 125% tariff that will be effective immediately."https://t.co/CNGRDqTcb8 pic.twitter.com/Iq8r16Flaz

— Mr Producer (@RichSementa) April 9, 2025

“Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable,” Trump said.

🔥BOOM: LEAVITT DROPS THE HAMMER ON THE MEDIA!

"Many of you in the media clearly missed The Art of the Deal. You clearly failed to see what President Trump is doing here. You you tried to say that the rest of the world would be moved closer to China, when in fact, we've seen the… pic.twitter.com/eY676007nW

— Townhall.com (@townhallcom) April 9, 2025

Since announcing reciprocal tariffs from the White House Rose Garden last week, more than 75 countries have asked for negotiations on trade.

https://x.com/townhallcom/status/1910025164131095032

Market soars.