US customs chaos continues: Trump pauses new tariffs, euphoria on the stock exchange

After US President Donald Trump surprisingly announced a 90-day break for almost all new US tariffs on Wednesday, the large US stock induction and the Nasdaq 100 dominated by technology stocks have benefited most. He ultimately climbed by 12.02 percent to 19,145 points. This is only slightly below the status of the presentation of the customs package last week. Trump did not suspend the tariffs for goods from China and instead even increased to 125 percent. So the trade war continues. In addition to the Nasdaq 100, the Dow Jones Industrial also made up for the latest losses with a jump around 7.87 percent and the S&P 500 with an increase of 9.52 percent.

Background unclear

Trump himself had triggered the massive price slide on the US exchanges with the announcement of high tariffs for almost all states in the world last week. They came into force on Wednesday. It was warned beforehand that he should have initiated a recession in the United States and that investors had started to kill US state bonds on the night of Wednesday. This was considered a worrying development for the future of US finances. There is now the assumption that it was this development that Trump had swiveled around. US Minister of Trade Howard Lutnick contested this in an interview.

The US President himself justified the U-turn by becoming a little restless and a “a bit fearful”. Shortly before the crotch he had written on his social network Truth Social A great time to buy. He signs the post with its initials DJT. At the same time, this is also the trump media company’s stock exchange company, which Truth does. The Trump Media & Technology share ended the day with a particularly high increase of 21.67 percent. The Tesla share was able to make up for a little more, the electric car company is managed by the Trump confidence Elon Musk.

Apple was also one of the big winners on the stock exchange, the share made one sentence by more than 15 percent – it was the highest daily profit since 1998, writes CNBC. Apple has also set itself back in front of Microsoft in relation to the corporate value after the Windows Group’s share increased by 10 percent. Nvidia’s share price rose by 18 percent, that of Meta by almost 15 percent and that of Amazon by 12 percent. Alphabet also increased 10 percent with a plus. The courses of US state bonds also slowed down their initially significant downturn to Trump’s U-turn.