Finance

Oil, stocks spike after Trump announces tariff pause

Most nations to see 90-day reprieve; Trump hikes China tariffs to 125%

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, US, after the White House announced a 90-day pause & lowered 10% reciprocal tariff for other countries, on Wednesday, 9 April 2025.
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, US, after the White House announced a 90-day pause & lowered 10% reciprocal tariff for other countries, on Wednesday, 9 April 2025.Photo: REUTERS/SCANPIX
North America Energy CorrespondentBaton Rouge
Published 9 April 2025, 19:04Updated 14 April 2025, 08:00
USDonald TrumpChinaTrump TariffsAmericas