The S&P 500 soared 9.5%, though the index is still below where ... because the situation with the U.S.’s trading partners “wasn’t sustainable.” “Somebody had to pull the trigger.

based on the size of the U.S.’s trade deficit in goods with those nations. “There are a reasonably small number of countries that are the world’s major producers of manufactured goods ...

Last year, Congress passed a law saying TikTok would be banned unless it fully split from its parent company, ByteDance. Trump might let them continue to work together anyway.