U.S. stocks soar after Trump pauses higher tariffs for 90 days except for China

U.S. stocks surged on Wednesday after President Trump announced a 90-day pause on the higher tariffs he had imposed on most countries — except for China.

U.S. stocks soar after Trump pauses higher tariffs for 90 days except for China
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on Tuesday. Stocks were modestly higher on Wednesday, although investors remained on edge after four days of heavy losses.

U.S. stocks surged on Wednesday after President Trump announced a 90-day pause on the higher tariffs he had imposed on most countries — except for China.

(Image credit: Angela Weiss)