Traders Reveling in Rally Wonder Just How Far It Can Go
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The reaction across Wall Street was swift and euphoric. Stocks added $3 trillion in a matter of minutes after President Donald Trump paused implementation on some of his harshest tariffs.
Not included, though, was China, America’s third-largest trading partner that sent more than $500 billion worth of goods last year. Trump also left on a 10% levy against the rest of the world. There were no changes to the existing tariffs on Canada and Mexico.