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   Breaking news: Trump backs down on most reciprocal tariffs for 90 days
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   He said China would not be included, and raised tariffs on its exports to 125 percent.
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             April 9, 2025
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         BREAKING NEWS
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             Ashley Gilbertson for The New York Times
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          Trump Backs Down on Most Reciprocal Tariffs for 90 Days
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          President Trump cited new talks with foreign nations on trade in explaining his reversal. But he said China would not be included, and raised tariffs on its exports to 125 percent.
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                   Stocks surged as President Trump announced a delay to most global tariffs.
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