Tariff Pause Brings One-Day Relief Rally–Largest Since '08

Published on April 11, 2025

After several weeks of steep selloffs, the major averages roared back on Wednesday as the Trump administration announced a 90-day pause on its reciprocal tariffs.

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Tariff Relief a Positive but High Uncertainty Remains

April 11, 2025
President Donald Trump announced on April 9 that he was pausing the majority of the “reciprocal” tariffs scheduled to go into effect the same day.

The U.S. Economy’s Trajectory Amid Higher Tariffs

April 11, 2025
On 2 April, the Trump administration announced sweeping tariffs that were more aggressive than many had expected. Then on 9 April, the administration announced a 90-day pause on most of the new country-specific “reciprocal tariffs.”