President Trump reacted to the biggest market rally in 5 years after he turned the world against China as he announced a 90-day retaliatory tariff pause. On Tuesday, in response to Trump’s original 104% tariff on China, the Chinese government announced it would retaliate by increasing tariffs on American products from 34% to 84%. President Trump upped the ante and announced higher tariffs on China on Wednesday. Trump announced he is immediately raising tariffs on China to 125%. At the same time he put a 90-day pause on tariffs and lowered reciprocal tariffs on more than 75 countries. It’s virtually the world against China now as President Trump uses the tariff war to crush China. “Based on the lack of respect that China has shown…
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