The market markets fall the day after Trump’s tariff break by canceling most of the record earnings seen on Wednesday

The equity markets are falling, essentially erasing historical earnings for a day before, when the president Donald Trump has announced a 90 -day break on its large tariff plan.

Around lunchtime on Thursday, the DOW dropped by 1,687 points, or 4 percent and the Nasdaq dropped by 957 points, or 5.5 percent.

Just a day before, the share markets Started after Trump revealed A 90 -day suspension on its tax on the whole edge, a move that pushed investors to reverse the course after a rocky week. In the end, the Dow gained 2,962 points while Nasdaq climbed 1,857 points, marking the greatest one -day earnings for both indices. The S&P 500 also closed 9.5 percent for one of its best days since 2008.

“The country is gaining about $ 2 billion a day. When you think about it, we never did it before,” Trump said at Thursday’s cabinet meeting while the markets fell. “It makes us look like a very strong country.”

Thursday’s drops seemed to indicate that the turbulence of the tariff market proposed by Trump is not yet over, observing that some withdrawals are still in force. The president on Thursday increased the rates of China to 125 percent “carried out immediately”. The White House clarified to the CNBC that the total tariff rate on China will be 145 percent.

Uncertainty is still fundamental.

“Delays help, but do not reduce uncertainty,” said Michael Gapen, the United States Economist Morgan Stanley CNBC Thursday.

“I still think this is more” to sell the tear “of” buy the tup “(in actions) – many problems continue but it is nice to see the president backs off and focus on China,” said the head of the Renaissance Macro Economics Neil Dutta Yahoo Finance. “The question is prolonged uncertainty”.

On April 2, one day Trump nicknamed “Liberation Day”, revealed his Radical tariff planclaiming that “would help to reconstruct our economy and prevent cheaters”.

Only 13 hours after taxes on imports entered into force, the president took the social Truth to announce a break. “On the basis of the fact that more than 75 countries called the United States representatives, including the Departments of Commerce, Treasure and Usr, to negotiate a solution to the subjects discussed in relation to trade, commercial barriers, rates, currency manipulations, I had a day of authorization at 90 years and a substantially reduced reciprocal rate during this period, 10%, even immediately”, wrote.

Trump told journalists later during the day that his social post of truth “was written by the heart”.

In the wake of his announcement, the president of the European Commission Ursula von der Leyen said he resisted the adoption of its countermeasures for 90 days. “We took note of the announcement of President Trump. We want to give negotiations a chance”, she he wrote On X. “If the negotiations are not satisfactory, our countermeasures will enter. The preparatory work on further countermeasures continues. As I have already said, all the options remain on the table.”