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Tariff Shock: Markets Reel from Trump’s 104% China Move

Tariff Shock: Markets Reel from Trump’s 104% China Move

Trade volatility impacts bond yields

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Daniel Manriquez
Apr 09, 2025
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Daniel.Markets
Daniel.Markets
Tariff Shock: Markets Reel from Trump’s 104% China Move
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Catch up quick:

Markets were rattled Tuesday after President Trump unveiled a 104% tariff on Chinese imports, while offering a 90-day pause on reciprocal tariffs for other trading partners. The move jolted investors and triggered sharp moves in bonds, currencies, and equities.

Why it matters:

The policy whiplash has injected a wave of uncertainty into mark…

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