Fox 2 Detroit
Fox 2 Detroit
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Trump has no plans to pause tariffs

Posted

April 7, 2025

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President Donald Trump says his administration is not looking at pausing his tariffs, despite poor performance of the stock market in recent days.

Stocks ended lower amid another tumultuous day as markets reeled following President Donald Trump’s threats to further escalate his tariff hikes.

The S&P 500 sank 0.2% and the Dow Jones Industrial Average fell 349 points, or 0.9%. The Nasdaq composite rose 0.1%. The Dow was earlier down as many as 1,700 points following even worse losses worldwide on worries that Trump’s tariffs could torpedo the global economy.

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President Donald TrumpPresident Donald TrumpsThe SPDow Jones Industrial AverageThe NasdaqThe DowDetroit MichiganNews Detroit Michigan

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Trump has no plans to pause tariffs · Fox 2 Detroit · Sentinel