Markets soar as Trump pauses some tariffs

市场飙升,特朗普暂停部分关税

Newshour

新闻

2025-04-10

47 分钟
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In a dramatic change of policy, Donald Trump has paused higher tariffs on goods entering the United States from every country except China. In a post on social media, the President said levies would be lowered to ten percent, but taxes on Chinese imports would rise to 125%. We get reaction to the turmoil from Republican congressman Pete Sessions and French Member of Parliament Éléonore Caroit. Also in the programme: We've live in the Dominican Republic after that nightclub roof collapse; and the new London exhibition of Cartier - jeweller to the rich and famous. (Photo: Treasury Secretary Scott Bessent and White House Press Secretary Karoline Leavitt speak with the media about tariffs at the White House in Washington DC, April 9, 2025. Credit: Reuters Nathan Howard)
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  • Hello, welcome to the program.

  • This is NewsHour from the BBC World Service.

  • I'm Paul Henley.

  • This is coming to you live from London.

  • If you ever needed proof that President Trump can suddenly change his mind on the big issues,

  • take today's decision on his landmark economic policy tariffs,

  • having effectively declared a trade war on most of the rest of the world and wiped several trillion off share values on the international markets,

  • Donald Trump took to social media two and a half hours ago to announce a 90-day pause on all tariffs over and above his 10% baseline.

  • So all the individually applied extra tariffs are on hold, except those on China.

  • That other global economic superpower is the big exception now.

  • President Trump has raised the rate on goods from China to 125% effective immediately.

  • A short time ago, the president spoke to the media and he was asked to explain the thinking behind his 90-day pause.

  • Well, I thought that people were jumping a little bit out of line.

  • They were getting yippy, you know, they were getting a little bit yippy,

  • a little bit afraid, unlike these champions, because we have a big job to do.

  • No other president would have done what I did.

  • No other president.

  • I know the president.

  • They wouldn't have done it.

  • And it had to be done.