Markets Breathe, Investors Watch as Trump Softens Tariffs—Except on China

Global markets breathed a sigh of relief as President Donald Trump unexpectedly rolled back planned tariff hikes on most countries, pausing escalations for 90 days—except for one: China. The White House’s recalibrated approach spared dozens of US trading partners from severe import penalties, capping most at a flat 10% tariff. The move was seen as […]