In an unexpected shift, the Trump administration has decided to temporarily halt the impact of its newly implemented tariffs for a period of 90 days. This means that many of America’s trade partners will likely return to a standard 10% tariff during the negotiations and deal-making process in the coming months. However, it’s important to note that China is an exception to this rule; instead of reverting to the old rates, tariffs on Chinese goods will increase to 125%. Despite this ongoing economic pressure, tech and gaming stocks have shown signs of recovery following this decision.
Trump has declared a 90-day halt on the tariffs, as reported by CNBC and the White House’s social media platforms. Starting right away, the rate for tariffs on goods imported from most global trading partners will be uniformly set at 10%, except for China, which is subjected to a 125% tariff. This move has led to an increase in the stock prices of numerous tech and video game companies due to this announcement.
Below is a list of adjustments made by various firms after the tariff reversal decision was announced, throughout the course of the day:
After the announcement of the tariff reversal decision, several companies made modifications during the day as follows:
* Another option: In the wake of the tariff reversal decision, these are the modifications made by certain firms across the day:
* A final suggestion: After the announcement of the reversal of tariffs, this is how some companies adapted throughout the course of the day:
- AAPL up 14.78%
- ARM up 24.25%
- INTC up 17.93%
- META up 14.61%
- MSFT up 9.9%
- NTDOY up 6.39%
- NVDA up 18.5%
- RDDT up 24.88%
- SNAP up 21.02%
- TSLA up 22.82%
- TTWO up 6.05%
- UBSFY up 8.25%
Investors may enjoy short-term benefits due to recent developments, and companies like Nintendo and Razer, who have adapted their product strategies in response to tariffs, might also benefit. However, with only 90 days passing swiftly, it’s important to remember that by July 2025 we could potentially face similar problems and the same level of uncertainty as we experienced recently.
At present, there’s a bit of respite in the technology and video game market sectors. Keep an eye out as we monitor the effects of these tariffs; more information will be shared as it becomes available.
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2025-04-10 00:27