- On April 9, 2025, Trump stopped tariffs for most nations, excluded from China, where rates increased to 125%.
- The markets and cryptographic increased in response, with Bitcoin by 9% and the Nasdaq seeing its greatest gain since 2001.
What happened: On April 9, 2025, President Donald Trump announced a 90 -day break on rates that affect dozens of nations, excluding China, where tariffs rose to 125% immediately. This decision occurred after a tumultuous week of market reactions to its initial scan tariffs made on April 2, 2025, which imposed a universal rate of 10% in all imports and higher “reciprocal” rates in specific countries (for example, 20% in the EU, 24% in Japan and additional 34% in China). The pause was described as a response to market restlessness and global pressure, and Trump states that it was “written from the heart” to calm nerve investors and commercial partners. However, China’s exclusion from the Pause intensified commercial tensions, and Trump does not indicate an intention to negotiate with Beijing in the immediate term, instead of focusing on conversations with other nations.
Why the rate pause matters: The initial fee announcement of April 2, 2025, which imposed a universal 10% tariff on all the highest “reciprocal” rates “higher for several countries, sent shock waves through global markets. Investors feared a strong escalation in commercial wars, the highest consumption prices and interrupted supply chains, which led to a sale of risk assets such as actions and cryptocurrencies. The pause has pointed out a temporary decalcalation, calming the markets by delaying these impacts for most countries (except China) and giving time for negotiations. Pause has clearly helped restore some investor confidence.
Crypto is in Green again after Trump announces a 90 -day pause on tariffs
After the announcement of tariff pause on April 9, 2025, cryptocurrencies experienced a significant relief rally.
Bitcoin increased by more than 9% in 24 hours, reaching approximately $ 82,305.55 for Wednesday afternoon, on April 9, 2025. Early that day, he had dropped to $ 74,567.02 in the midst of a broader uncertainty of the market, reflecting a strong recovery after the annotation.
Ethereum has won more than 12%, bouncing from a minimum before in the previous days that saw him fall more than 20% of the week to the lowest date in more than two years.
Dogecoin also increased by more than 12%, aligning with the broadest increase in the cryptographic market.
XRP has increased by more than 12%, reflecting the positive feeling.
Solana has advanced in more than 14%, showing one of the strongest profits among the main cryptocurrencies.
This rally reversed a decrease in one week triggered by the initial fee announcement, where Bitcoin had fallen 10% to less than $ 78,000 for April 7, 2025, highlighting its correlation with a broader market risk feeling instead of acting as a coverage.
The main markets of securities and key rates bounce
The pause of the rate caused a dramatic rebound in the global stock markets from April 9 to 10, 2025.
In US markets, S&P 500 increased 9.5% on April 9, its highest daily gain since 2008, closing near its opening levels after falling into the territory of the Bear market earlier at the beginning of the week (18% less than its peak of mid -February before April 7).
The Nasdaq compound increased 12.16% (1,857.06 points) to 17,124.97, its highest gain since January 2001.
The Dow Jones industrial average recovered 747 points (2%) during the night until April 10, after a strong 4% drop on April 3, its worst day since June 2020.
Russell 2000 (small caps) won 8.66%, its largest jump of a day since March 2020.
Asian markets closed higher on April 9, stopping a decrease driven by the launch of the initial rate. Japan Nikkei, previously scheduled for its worst week in five years, saw some recovery, although no specific daily gains were detailed.
European markets also showed signs of stabilization on April 9, and according to reports, money changed from the United States to Europe.
The relief rally was attenuated by persistent uncertainty over the period after 90 days, with distrustful investors of potential volatility if negotiations hesitate.
What is promoting the market according to global leaders?
On April 7, 2025, during a visit from the White House, Benjamin Netanyahu promised to “eliminate the commercial deficit with the United States” and eliminate commercial barriers, hoping to ensure the relief of the tariff. After the pause, Israel’s response remained focused on negotiation, although no new statements were reported before April 10.
Shigeru Ishiba, the Japan Prime Minister, had expressed “strong concerns” on April 7 about the initial rate of 24%, urging Trump to reconsider during a call. After the pause, Japan was observed as a priority in the negotiations of the Treasury Secretary, Scott Besent, suggesting a softening position.
The president of the European Commission, Ursula von der Leyen, described the initial tariffs as a “great blow to the world economy” on April 3, advocating a response from the United EU. After the pause, he made “constructive” conversations with Li Qiang from China on April 9, exploring a commercial diversion mechanism to mitigate US tariff impacts.
Mark Carney, the Prime Minister of Canada, promised April 3 to protect Canadian workers with countermeasures. The pause probably facilitated the immediate pressure, although a specific reaction was not observed before April 10.
Goldman Sachs has rescued its prognosis of recession after the pause, returning to an economic growth base line in 2025, indicating optimism about decallation.
JPMorgan had reviewed his perspective on April 4, postinical tariffs, predicting a possibility of recession of 60% and a decrease in the United States GDP of 0.3% with unemployment that increases to 5.3%. The rate of the rate can adjust this opinion, although there was no updated statement available before April 10.
Gina Bolvin, president of Bobrvin Wealth Management Group Inc., described the pause as a “crucial moment”, pointing out the positive market reaction but warning about uncertainty beyond 90 days.
Bill Ackman, founder and CEO of Pershing Square Capital Management, initially had warned about an “economic nuclear winter” unless Trump stopped the tariffs, an opinion validated by the announcement of April 9, although he had not commented directly to April 10.
On April 7, UBS analysts estimated that Apple’s high -end iPhone could increase by $ 350 (30%) due to rates. Pause probably delays such impacts for supply chains that are not from China.
In general, Trump’s 90 -day rate pause has caused solid recovery in cryptography and values markets. Bitcoin led a 9%+ cryptographic increase, while the S&P 500 and Nasdaq recorded historical profits, reflecting the relief of the previous fears induced by the rate. Global leaders continued negotiations, with Japan and EU adaptation strategies, while brokerage houses expressed cautious optimism in the midst of long -term unresolved questions. However, China’s exclusion maintains the risks of commercial war, potentially configuring market dynamics in mid -2025.
Read also: Trump’s tariff shock erases $ 3.1 billion from US markets
Discharge of responsibility: The information provided in Alexablockchain is only for informative purposes and does not constitute financial advice. Read the discharge of complete responsibility here.
Image credits: Canvas, Coinmarketcap
