Markets Rebound After Trump's Tariff Pause

Business 10 April 2025 23:55

Global markets bounced back Thursday after US President Donald Trump altered his tariff policy, easing investor fears. The Volatility Index (VIX), also known as the "fear index," dropped from its highest level in five years, CE Report quotes Anadolu Agency

Trump announced a 90-day pause on tariffs for all countries except China, following a Wednesday deadline where nations faced potential tariff increases above the baseline 10%. The pause was set at a reduced 10% rate for this period.

While raising tariffs on China to 125%, Trump stated China was eager to negotiate but uncertain about the pace of the deal. The VIX fell to 36.3 from its peak of 50 on Wednesday, signaling reduced market anxiety.

In the US, stocks surged with the largest one-day gains in years, and gold prices rose to $3,110.12 per ounce, up 0.84%.

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Markets Rebound After Trump's Tariff Pause

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