Browsing: 90-day tariff pause

U.S. President Donald Trump announced a 90-day pause on tariffs for non-retaliating countries like India, with a reduced 10% rate, while simultaneously raising tariffs on Chinese imports to 125%. Global markets surged in response, with the Dow, Nasdaq, and S&P 500 posting major gains. Gold prices rose 3.7% globally, and India, as a non-retaliating nation, stands to benefit both strategically and economically.