In a dramatic shift in trade policy, President Trump has announced a 90-day pause on new tariffs for most countries, while simultaneously raising tariffs on Chinese imports to 125%. This unexpected move has led to a significant rally in the US stock market, with the Dow Jones soaring nearly 3,000 points and the S&P 500 achieving one of its largest gains since World War II. Economists are breathing a sigh of relief, but concerns about potential market manipulation and the long-term effects on the economy remain prevalent. Critics, including some GOP senators, suggest that the market turmoil has pressured Trump into this decision, highlighting the ongoing volatility in US-China trade relations.