💨 Abstract

In late April 2025, President Donald Trump announced steep tariffs on U.S. trading partners, causing a significant drop in the U.S. stock market. However, within a few weeks, the market rebounded and returned to its pre-Liberation Day level. The recovery was due to a 90-day pause on most tariffs, except those against China, announced on April 9.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖