"Trump postpones tariffs for 90 days" Bitcoin hits $83,000, Ethereum Classic surges 18% to create the largest single-day pump in history.

90 days after Trump announced the suspension of reciprocal tariffs, the four major indexes of U.S. stocks closed in unison, the Philadelphia semiconductor index soared 18.73%, the largest one-day gain in history, and bitcoin also touched $83,500 at one point. (Synopsis: Trump sacrifices 104% tariffs on China!) Bitcoin killed 75,000, the Dow Jones opened 1400 points higher and then fell, and the S&P lost the 5000 mark) (Background supplement: Trump threatens China: If the 34% retaliatory tariff is not withdrawn today, the United States will increase the weight to 50%! US President Donald Trump suddenly threw a shock bomb at midnight, announcing that he would suspend tariffs on most trading partners for 90 days, during which time tariffs would be reduced to 10%. Encouraged by this, Wall Street enjoyed its strongest one-day rally since 2008, Asia-Pacific markets opened this morning catching up, and the cryptocurrency market was equally buoyant, rekindling optimism. Based on the fact that more than 75 countries have contacted U.S. representatives, including the Departments of Commerce, Treasury, and the Office of the U.S. Trade Representative, to negotiate solutions to issues currently under discussion related to trade, trade barriers, tariffs, currency manipulation, and non-monetary tariffs. And at my strong suggestion, these countries have not retaliated against the United States in any way, shape or form — so I have authorized a 90-day [moratorium] during which reciprocal tariffs will be significantly reduced to 10 percent, effective immediately. Who changed Trump's mind? Still tough on China Specifically, however, the final list of which countries will receive this tariff reduction is unclear. In addition, according to foreign media analysis, Trump's decision-making process is also quite rushed, and even caught his own staff off guard. The opinions of senior trade officials and financial gurus, as well as the turmoil in the U.S. bond market, appear to have been the catalyst for Trump's final key decision. But it is worth noting that Trump said that based on China's lack of respect for the world market, the United States will impose a 125% tariff on Chinese imports, effective immediately. (Previously, the U.S. tariff on China was just raised to 104%, and Beijing also hit back hard against the 84% tariff on U.S. goods) Policy shift detonates Wall Street Driven by this good news, the four major indexes of U.S. stocks on the 9th closed soaring: The Dow Jones Industrial Average jumped 2,962.86 points (+7.87%) to 40,608.45 points The S&P500 index rose 474.13 points (+9.52%) to 5,456.90, biggest gain since '08 Nasdaq jumped 1,857.06 points (+12.16 )% to 17,124.97 The Philadelphia Semiconductor Index soared 667.51 points (+18.73%) to 4,230.45 points, the largest one-day gain in history. Apple (AAPL): $198.85, up 15.33% NVDA: $114.33, up 18.72% Microsoft (MSFT): $585.77, up 10.13% Alphabet (GOOGL): $158.71, up 9.68% Amazon (AMZN): $191.1, up 11.98% Meta (META): $585.77, up 14.76% Tesla (TSLA): $272.2, up as much as 22.69% Asian stocks also performed quite well this morning, with Taiwan stocks jumping 1590 points at the open today, the biggest rise in history. At present, the rally is expanding, the index stands at 19,000 before the deadline, TSMC opened at 863 yuan, and the rest of the large electronic weighted stocks also rose across the board. The Nikkei 225 also jumped more than 3,000 points at the open and is now up about 8%, as is the South Korean KOSPI index. Bitcoin once exceeded $83,000 In the cryptocurrency market, after a midnight rally of bitcoin broke through $81,000, it briefly exceeded $83,500 around 6 o'clock earlier, and there was a slight correction before the deadline, now at $82,439, up more than 9% in the past 24 hours. The other top ten cryptocurrencies rose even stronger, with Ethereum back above $1,600, and SOL, DOGE, ADA up more than 15% in the past 24 hours. Related reports Who is pushing tariffs behind Trump: "belligerent corner in the middle" economist Navarro Trump "simply miscalculated" reciprocal tariffs! AEI scholars exploded: tax rate irrigation 4 times, key parameters did not understand Foreign media exposed that Musk "privately lobbied Trump" to withdraw tariffs but failed, and the White House trade adviser: There is a problem with the brain (Trump suspended tariffs for 90 days) Bitcoin knocked 83,000 US dollars, and the fee soared by 18%, the largest one-day increase in history" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".