Trump's Tariff Turnaround: Stocks Soar as He Backs Down on Duties ...Middle East

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Trumps Tariff Turnaround: Stocks Soar as He Backs Down on Duties
source : Devdiscourse ( Middle East ) () 34
In a dramatic policy reversal, U.S. President Donald Trump announced on Wednesday a temporary reduction of the hefty tariffs he recently imposed on dozens of countries, resulting in a significant surge in U.S. stock market indices. The decision comes amid escalating pressure on China and intense volatility in financial markets, marking one of the most tumultuous periods since the onset of the COVID-19 pandemic.

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