Trump Announces 90-Day Tariff Suspension: Market Rebounds on Volatile Policy Shift

President Trump has announced a 90-day suspension of reciprocal tariffs, impacting trade relationships with over 75 countries. This move followed market uncertainty and pressure from senators concerned about the impact of tariffs. The decision saw a swift rebound in major US indices – Dow Jones rallied 7.87%, S&P 500 soared 9.52%, and Nasdaq jumped by over 12% – as investors celebrated the short-term gains. This positive reaction is not without caveats, however. Despite this market surge, analysts caution that Trump’s unpredictable policies remain a source of uncertainty for long-term stability.