What to Know
- China says 84% tariffs against U.S. are now in effect.
- President Donald Trump announced a 90-day pause on tariffs for more than 75 trading partners that did not retaliate after his sweeping duties went into effect.
- Treasury Secretary Scott Bessent said Wednesday that the tariffs announced a week ago served as a way to get countries to come to the negotiating table.
Trump’s announcement sent stocks surging following days of volatility and losses. Follow along for live updates.