TRUMP LIVE - Trump Delivers GLOBAL Shock; BOMBS

United States secretary of the treasury Scott Bessent and White House Press Secretary Karoline Leavitt gaggle.

In a dramatic shift, President Donald Trump announced a pause on broad trade tariffs while imposing a staggering 125% tariff on Chinese imports. The move, aimed at countering what he calls “decades of unfair trade,” marks a sharp escalation in U.S.–China economic tensions and could send shockwaves through global markets.