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US stocks surge as Trump suspends tariffs on countries except China

Trump says ‘not looking’ at pause in tariffs Trump says ‘not looking’ at pause in tariffs

Wall Street stocks rocketed higher suddenly Wednesday after US President Donald Trump announced a 90-day tariff pause on all countries except China.

Shortly after Trump announced his latest pivot on his Truth Social platform, the S&P 500 surged 6.0 percent higher to 5,281.44, snapping a brutal run of losses since Trump’s “Liberation Day” tariff announcement a week ago.

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