Live shares rebound after Trump’s tariff pause

The American president's U-turn on tariffs led to a historic day on Wall Street, although the markets dipped again this morning

Donald Trump © Gage Skidmore/Flickr

Shares in live music companies rebounded on a historic day for Wall Street after American president Donald Trump paused higher tariffs for 90 days.

While a baseline 10% tax will still apply to all countries except China, along with a 25% rate for all aluminium, and steel imports, but higher rates of up to 50% for dozens of other countries – dubbed the “worst offenders” by Trump – have been put on hold.

Trump said he had reached the decision because more than 75 countries had…

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