Policy U-turn prompts market upswing
Following a remarkable week of tariff trauma, on Wednesday President Trump took to social media to announce a 90-day pause on most of the tariffs announced last week and a substantial lowering of Reciprocal Tariffs, to be agreed during this period.
“We want to secure the best deal possible for British jobs and British industry”
After a tumultuous time for global markets following his Liberation Day announcement on 2 April, last week President Trump took to social media to reveal a 90-day suspension on most of the tariffs, plus a lowering of reciprocal tariffs. (Updated 17 April)
Market Update
Trump’s sweeping global tariffs have triggered market turmoil and international backlash, especially from China. While stocks slump, gold hits record highs. Investors are urged to stay focused on long-term goals and avoid reacting emotionally to short-term market noise.