Markets soar after Trump's major tariff reduction agreement
with China.
President Trump appeared before the press and announced what
he called a "hard reset" in US-China relations, marking a radical
shift in global trade.
The agreement: both countries will reduce tariffs imposed
after April 2 to just 10% for a period of 90 days, while negotiations continue
on deeper structural issues.
Trump made it clear: this isn't about decoupling with China.
It's about influence, fairness, and smart diplomacy.
The result? A spectacular rally on Wall Street.
The Dow Jones surpassed 1,050 points. The S&P 500 rose
3%. Tech stocks soared: Meta, Amazon, and Starbucks soared more than 7%, and
Tesla more than 6%. Even Best Buy, which had warned of tariff-induced price
hikes, rose 5%.
Once again, Trump has proven himself a master negotiator.
His bold, high-risk tactics may seem chaotic at first, but in the end, they
continue to deliver undeniable results.