The European Union, EU has put retaliatory tariffs against the US on hold, after President Donald Trump paused tariff hikes for 90 days
Trump’s universal 10% levy for all countries, except China, remains in place, as does the 25% rate for all aluminium, steel, and cars entering the US
The trade war between Beijing and Washington deepens, as Trump imposes 125% tariffs on Chinese goods and China retaliates with 84% levies
Financial markets in Asia and Europe make gains, with one short seller telling the BBC he’s “happy” with his returns on the recent turmoil
“What a day, but more great days coming,” Trump says early on Thursday.
