Why US markets flew like a rocket after tariffs on Trump do pause

On Wednesday, US markets took off as a rocket after US President Donald Trump issued a 90-day pause to sell higher tariffs, which means “universal 10%” fee for most countries.

But the US president impressed China even higher tariffs of 125% of “their insistence on escalation”, Trump’s administration reports.

The S&P 500 index has soared 9.5% in the largest one -day stock since 2008, after the daytime shocks that caused the tariffs.

The BBC North American Michelle Fleury correspondent explains that the market goes from Wall Rate on Wednesday.