Trump Pauses Tariffs at 10% but Hits China with 145% - Trade War Update.

Big tariff news! On April 9, 2025, President Trump announced a 90-day pause on most reciprocal tariffs, dropping them to 10%, except for China, where tariffs soared to 145%. The U.S.-China trade war escalates as markets swing wildly—S&P 500 up 9.5%, Dow down 4%. EU pauses retaliation, but economists warn of recession risks and a $4,400 hit to U.S. households. Get the latest on this global trade shake-up, Trump’s strategy, and what’s next. Subscribe for updates!