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Wed Apr 9 2025

Trump pauses reciprocal tariffs for 90 days, boosts China's levy to 125%

Traders work on the New York Stock Exchange (NYSE) floor at the opening bell on April 9, 2025, in New York City. Wall Street stocks were mixed in early trading Wednesday as markets digested the latest tariff hike by the United States and retaliatory moves by China and the European Union.

The Chinese Finance Ministry announced 84% tariffs on U.S. goods. The EU said it would impose 25% tariffs on a range of U.S. imports.

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