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title: "Special edition: Trump backflips on tariffs, markets surge"
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News for successful people

| View in browser Listen to this special edition update 🎧  APPLE PODCASTS SPOTIFY BREAKING NEWS   US President Donald Trump has backflipped on his onerous tariffs overnight, implementing a 90 pause across all countries. China, however, will be hit with 125% tariffs, with the President claiming the country has shown "a lack of respect to the world's markets." The pause - which came just hours after the reciprocal tariffs came into effect - will see imposts of up to 50% on countries like Vietnam and Cambodia reduced to the 10% baseline rate already given to Australia. President Trump said he made the decision because he "thought that people were jumping a little bit out of line ... they were getting a little bit yippy, a little bit afraid." Wall Street surged immediately, with the major indices up 10pc or more. Futures trading suggests the local market will open 6% higher. Forwarded from a friend? Sign up to our daily newsletter SIGN UP FEAR & GREED Pty Ltd, 14 Miramont Avenue, Riverview, NSW 2066, Australia Unsubscribe Manage preferences |
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