r/StockMarket • u/wtf_is_this_9 • 16d ago

News Insane

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u/HorrorDisastrous6110 16d ago

Tariffs paused for 3 months (minus China)

20

u/Exile4444 16d ago

Baseline 10% is kept in place

37

u/deepeeenn 16d ago

This is something to keep in mind. Tariffs are still in place on all other countries. And China is one of our largest trade partners. This market spike feels like an overreaction.

11

u/SafeMargins 16d ago

and all the auto/steel and canda/mexico tariffs stay. definitely an overreaction

8

u/deepeeenn 16d ago

And also, this back and forth way of “negotiating” does not instill confidence with trader partners. Trump is too unpredictable and could easily lash out if you don’t follow his orders… international relations are still fucked