- On April 9, 2025, Trump stopped at tariffs for most countries – showing China, where rates jumped at 125%.
- The markets and crypto moved forward in response, with Bitcoin up to 9% and the NASDAQ which has seen the greatest benefit since 2001.
What happened: On April 9, 2025, President Donald Trump announced a 90-day pause on tariffs affecting dozens of countries, excluding China, where tariffs were instead raised to 125% effectively. This decision came after a chaotic week of market reactions to its initial tariff prevention of announcements made on April 2, 2025, which imposed a universal 10% tariff in all imports and higher “reward” tariffs in specific countries (for example, 20% in EU, 24% in Japan, and 34% more China). Pausing was described in response to market avoidance and global pressure, with Trump saying it was “written from the heart” to calm investors and trading partners. However, China’s exclusion from pause has intensified trade tensions, with no Trump signing with no intention of organizing Beijing in the immediate term, instead focusing on communicating with other countries.
Why is tariffing important: The initial tariff announcement on April 2, 2025, which imposed a universal 10% tariff on all imports including higher “reward” tariffs for some countries, sent shockwaves through global markets. Investors are afraid of a sharp increase in trade wars, higher consumer prices, and interrupted by supply chains, leading to a seller-off to risks owned such as stocks and cryptocurrencies. Pausing signed a temporary de-escalation, calming the markets by delaying the effects for most countries (except China) and providing time for negotiations. Pausing has clearly helped restore some confidence to the investor.
Crypto is in green again after Trump announced 90-day pauses on tariffs
Following the announcement of tariffs on April 9, 2025, cryptocurrencies experienced a significant relief rally.
Bitcoin sprouted by more than 9% in 24 hours, reaching approximately $ 82,305.55 in late Wednesday afternoon, April 9, 2025. Earlier that day, it sank to $ 74,567.02 amid the broader uncertainty in the market, reflecting a strong post-announcement.
Ethereum gained more than 12%, rebounding from a low earlier on Previoius days to find it dropped more than 20% week-to-date to the lowest in more than two years.
Dogecoin also increased by more than 12%, which aligns with greater climbing in the crypto market.
XRP has increased by more than 12%, reflecting positive emotions.
Solana has been —oared by more than 14%, showing one of the strongest gained in major cryptocurrencies.
This rally overturned a weekly denial triggered by the preliminary tariff announcement, which dropped 10% of Bitcoin below $ 78,000 on April 7, 2025, emphasizing its relationship with greater market risk sentiment rather than acting as a fence.
The main markets in stock and major indices rebound
Tariff pauses led to a dramatic rebound in the global stock markets on April 9-10, 2025.
In US markets, the S&P 500 advanced 9.5% on April 9, the largest daily benefit since 2008, closing near its opening levels after slipping into the bear market territory earlier on the week (down 18% from mid-February climax on April 7).
The Nasdaq Composite jumped 12.16% (1,857.06 points) to 17,124.97, its greatest benefit since January 2001.
The average industry of Dow Jones rebounds 747 points (2%) overnight until April 10, following a steep 4% collapse on April 3, the worst day since June 2020.
Russell 2000 (small cover) gained 8.66%, the biggest one day jump since March 2020.
Asian markets closed higher on April 9, stopping a refusal to be -fuel through the initial tariff control. Japan’s Nikkei, previously set for the worst weeks in five years, has seen some recovery, although specific -day -to -day acquisitions are not detailed.
European markets also showed signs of stabilization on April 9, with money reported moving from US to Europe.
The relief rally was stuck through prolonged uncertainty about the post-90-day period, whose investors kept the potential volatility if negotiations were weakened.
What drives the market according to the leaders of the world
On April 7, 2025, during a visit to the White House, Benjamin Netanyahu pledged to “remove trade shortages in the United States” and eliminate trade barriers, hoping to secure tariff relief. The post-pause, Israel’s response remained focused on negotiations, although no new statements reported on April 10.
Shigeru Ishiba, Japan’s Prime Minister, announced a “strong concern” on April 7 on the initial 24% tariff, encouraging Trump to re -considered a call. After the pause, Japan was mentioned as a priority in the negotiations of Treasury Secretary Scott Bescent, suggesting a softening bearing.
European Commission president Ursula Von der Leyen, called the initial tariffs a “major blow to the world economy” on April 3, promoting a United EU response. Post-pause, he held a “constructive” conversation with China’s Li Qiang on April 9, exploring a trade exploitation mechanism to reduce the effects of the US tariff.
Mark Carney, the Prime Minister of Canada, swore on April 3 to protect Canadian workers with countermeasures. Pausing is likely to eased immediate pressure, although no specific reaction here is mentioned on April 10.
Goldman Sachs rescued the forecast of its contraction after the pause, respecting a baseline of economic growth in 2025, which signed optimism about de-escalation.
JPMorgan changed its views on April 4, post-initial tariffs, predicting a 60% contraction opportunity and a US GDP decline of 0.3% with unemployment rising to 5.3%. Tariff pausing can adjust this perspective, even if there is no updated statement available on April 10.
Gina Bolvin, president of Bolvin Wealth Management Group Inc., described the pause as a “pivotal moment,” citing a positive reaction to the market but warned about uncertainty of more than 90 days.
Bill Ackman, founder and CEO of Persing Square Capital Management, has initially warned of a “economic nuclear winter” unless Trump’s tariffs are silent, a perspective proven by the announcement of April 9, even though he did not comment directly on April 10.
On April 7, UBS analysts estimated that Apple’s high-end iPhone could increase by $ 350 (30%) due to tariffs. Pause is likely to delay such effects for non-China supply chains.
Overall, the 90-day Trump tariff pause triggers a steady recovery in crypto and stock markets. Bitcoin led a 9%+ crypto surge, while S&P 500 and Nasdaq posted historical acquisitions, reflecting relief from previous fears of influential tariffs. The global leaders continued the conversation, along with Japan and the EU adaptation techniques, while broking houses expressed careful optimization amid unresolved long-term questions. China’s exclusion, however, preserves the life of the war -war risks, which potentially shape the dynamic markets by mid -2025.
Also Read: Trump’s Tariff Shock removes $ 3.1 trillion from US markets
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