The stock market surged on Wednesday afternoon, with the Dow Jones Industrial Average closing with a 2,900-point gain, after President Donald Trump announced he was suspending tariffs on international trade for 90 days.
Just The NewsStock markets surge after Trump announces pause on tariffs, Dow closes with 2,900 point gainThe president announced he was pausing tariffs on dozens of countries, except for China, which will see a 125% tariff. Trump says he made the decision to pause tariffs after more than 75 countries have called to "negotiate a solution."