On April 9, President Trump put a 90-day pause on those tariffs ... the tariffs after more than 75 countries approached the United States ready to negotiate. But he also told reporters that ...

The market is in celebratory mood. Tariffs at 30% on Chinese goods are better than tariffs at 145%, but 30% is still a hefty sum, which could hit the consumer and the inflation rate down the line. However, optimism is the order of the day, especially for stock markets.

The agreement would be the first one the Trump administration has struck with foreign nation since the president announced plans to impose sweeping tariffs on US trading partners last month.

The S&P 500 and Nasdaq are back above their closing levels on April 2, Trump's tariff 'Liberation Day' that sparked a market meltdown, wiped trillions of dollars off the value of U.S. stocks, and forced him to back down days later.

The U.S.-China pause on the tit-for-tat tariffs that were applied after President Donald Trump's "liberation day" announcement has researchers at Deutsche Bank asking "if the last 6 weeks have been a bad dream and never actually happened,