Trump LIVE: Big Tariff Reset Hits Global Markets | 90-Day Pause for All | China Tariffs | Xi Jinping

MAJOR TARIFF SHOCKER from Trump — LIVE. In a stunning Truth Social post, former President Donald Trump announced a sweeping 90-day pause on tariffs for nearly all U.S. trading partners — with a 10% baseline rate now in effect immediately. But the real bombshell? China is excluded. Trump declared tariffs on China will be raised to 125% immediately, citing “the lack of respect that China has shown to the world’s markets.” Karoline Leavitt and Scott Bessent join the live announcement as global markets react and allies scramble for clarity. Is this the beginning of a new global trade order? #trump #trumptariffs #90daystariffs #chinatariffs #trumpnews #usnews