On April 9, with the stock market enduring a mini-crash, Donald Trump placed a 90-day pause on reciprocal tariffs for all countries save China. This 90-day pause is what ignited the strongest single-day point gains in the history of the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average.

Starting August 1, President Donald Trump’s new tariffs will go into effect for a number of countries. Ariana Triggs

The Trump administration is poised to implement a new wave of tariffs, potentially reaching 50% for certain nations, effective August 1st. This move underscores President Trump's strategy of using tariffs as leverage to secure international concessions and reshape global trade relations.

U.S. stock futures were slightly higher on Thursday night, following yet another day where both the S&P 500 Index (SPX) and the Nasdaq Composite