Markets surge after Trump's tariff U-turn | LBC callers react
April 10, 2025
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11:56Now PlayingMarkets surge after Trump's tariff U-turn | LBC callers react
YouTube Description
as posted by the channelNick Ferrari hears from these callers as stock markets globally surged early on Thursday after Donald Trump announced a 90 day tariff pause - despite an escalating US-China trade war in response to the President's 125% levy.
The US president said he would be delaying tariffs on most nations for 90 days while slapping Chinese imports with a staggering 125% tax rate - a move that saw China hit back with reciprocal tariffs on US imports.
Effective from 12.01am today, Beijing responded to Trump's hike by imposing its own 84% tax on imports of US goods.
In response to the tariffs, Beijing has said that it won't be "bullied" by the United States.
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#nickferrari #donaldtrump trump #trumptariffs #worldnews #stockmarket #trade #uspolitics #LBC
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