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Trump Hints Tariff Rollback After Market Jitters

New York, NY, USA
April 24, 2025 Neutral I want to start investing or grow my portfolio
Trump Hints Tariff Rollback After Market Jitters

Stocks surged after President Trump said tariffs on Chinese goods might “come down substantially,” a shift days after levies of up to 145 % rattled retailers and voters. The Wall Street Journal reports officials are weighing cuts to 35 % on non-security items, though Treasury Secretary Scott Bessent insists Beijing must reciprocate. ​

What this means for you:
A tariff thaw could relieve price pressure on electronics and clothing by late summer.
Until clarity arrives, pad your budget for imports and watch retailer clearance schedules—they’ll pivot fast if duties drop.

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