Author: Euronews
Published on: 08/04/2025 | 00:00:00
AI Summary:
US President Donald Trump has confirmed that he has no plans to suspend tariffs. Trump’s comments follow a day of big swings on the US stock market. The S&P 500 ended the day down 0.2% after a series of dramatic reversals. The S&P 500 surged from a 4.7% loss to a 3.4% gain, a shift that would have marked its biggest rally in years. The sudden rally was sparked by a false rumour that Trump was contemplating a 90-day tariff pause. Stocks soon turned negative again, and not long after, Trump reaffirmed his stance. ADVERTISEMENT President Donald Trump announces that the United States will begin direct talks with Iran on its nuclear programme. Netanyahu vows to eliminate Israel’s trade deficit with the US after his country was hit with 17% tariffs last week.
Original: 971 words
Summary: 133 words
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