Wall Street Inches Higher Even as China Ups Its Tariff on American Goods to 125%

“We are doing really well on our tariff policy,” President Trump insists as media and tech stocks open Friday to mixed results

Donald Trump (Getty Images)

After what has felt like a weeklong rollercoaster ride for most investors, Wall Street was off to a relatively tame Friday morning, with the three major indexes all modestly moving higher in early trading. The green morning comes after wild back-to-back days on Wall Street and after China raised its tariff on U.S. goods to 125% earlier on Friday.

Still, President Trump showed confidence that the ongoing tariff battle with China — and the tariff negotiations with several other countries — was going to turn out OK in a Truth Social post soon after markets opened.

“We are doing really well on our TARIFF POLICY,” the president posted.

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