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    Home»Stock Market»Trump tariffs live updates: UK’s FTSE 100 jumps as global markets rebound after Trump’s tariffs reversal
    Stock Market

    Trump tariffs live updates: UK’s FTSE 100 jumps as global markets rebound after Trump’s tariffs reversal

    April 10, 20252 Mins Read


    From ‘be cool’ to ‘getting yippy’: Trump’s tariffs U-turn over the course of a daypublished at 07:23 British Summer Time

    07:23 BST

    Adam Goldsmith
    Live reporter

    A few hours ago, Donald Trump told
    his followers on Truth Social
    that yesterday had been a “great
    day”.

    Looking back at the president’s social media feed, we can
    see how it all panned out from the president’s thumbs:

    At the start of the day and with big tariffs on
    many countries taking effect, Trump urged that now is a “GREAT
    time to move your COMPANY into the United States of America”, and promised
    “ZERO TARIFFS” as well as “no environmental delays” for
    those who took up the offer.

    Then, as US stock markets opened – and
    showed signs of falling again – the president’s message was one of reassurance.
    “BE COOL! Everything is going to work out well”, he said.

    Trump then used social media to announce a raise in tariffs
    on China to 125%
    . He said this was “effective immediately” and
    because of a “lack of respect” shown by the Asian country to
    “the World’s Markets”.

    But he also used the same post to authorise a 90 day
    pause
    and a lower tariff rate of 10% for other countries that had been
    targeted at the start of the day.

    “These Countries have not, at my strong suggestion,
    retaliated in any way, shape, or form against the United States,” he
    explained.

    Later, speaking to reporters outside the White House,
    Trump suggested that he had used tariffs after countries “had been getting
    a little bit yippy”.

    Media caption,

    ‘They were getting yippy’, Trump says on 90-day tariffs pause



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