US markets fall again despite tariffs pause, as trade war with China deepens | ITV News

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US markets fall again despite tariffs pause, as trade war with China deepens | ITV News

There’s been a revival of European stock markets, and not just because of President Tump’s backtrack on tariffs.

Europe has paused its retaliation against the United States for 90 days.

American share prices took another turn for the worse, however, after US tariffs against China were recalculated up, from 125 percent to 145.

President Trump acknowledged what he called "transition problems" on the markets.

But there are accusations swirling around Washington that the President’s friends have made money from inside knowledge.

ITV News US Correspondent Dan Rivers provides an update before Political Correspondent Shehab Khan takes you through the impact.

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Date: April 11, 2025