Trump: Expected that China and US will reach a trade agreement, US stocks rebound strongly
< p > Trump: "Trade deals with China and other countries are expected to be reached", US stocks rebound strongly < / p >< p > On Wednesday, April 9, US President Trump announced that the additional tariffs on countries other than China would be "paused for 90 days", but the tariff on Chinese goods would be raised again to 125%; as a result, US stocks surged, with both the Dow Jones and Nasdaq surging, and the technology sector rising by as much as 10%. However, Trump told the media on Wednesday, "Trade deals with China and other countries are expected to be reached." < / p >< p > According to Agence France-Presse, Trump said that the 125% tax increase on China would "take effect immediately", which is an additional increase on top of the more than 100% tariff already imposed on Chinese goods. < / p >< p > However, after announcing the suspension of additional reciprocal tariffs on countries other than China, Trump told the media on Wednesday that he expected trade deals to be reached with China and other countries. < / p >< p > Trump told reporters at the White House, "We will reach agreements with China and with all countries." < / p >< p > Trump also revealed that more than 75 countries have contacted the US government seeking trade negotiations. He said that these countries had not retaliated against the US tariff measures, so he decided to give them a "90-day pause" during which he would reduce the tariffs levied on them to 10%, taking effect immediately. < / p >< p > Trump posted on social media in the morning to calm market sentiment: "Stay calm, everything will be fine." He even encouraged investors: "Now is a good time to buy low!" < / p >< p >< img src = "//p3-sign.toutiaoimg.com/tos-cn-i-ezhpy3drpa/5e1d52a7f544456396deb487699d2a4c~tplv-obj:756:426.image?_iz=97245&bid=15&from=post&gid=1828967746353155&lk3s=06827d14&x-expires=1752019200&x-signature=TM0%2BFViNc2qJI4U1IG5ldukAbEA%3D" / > < / p >< p > Original article: https://www.toutiao.com/article/1828967746353155/ < / p >< p > Disclaimer: The article represents the views of the author alone. < / p >
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