Trump's tariff pause boosted the stock market briefly

The Trump administration's 90-day pause on reciprocal tariffs sparked a significant market rally, marking the largest single-day gain since 2008. This decision, along with softer-than-expected inflation data, briefly eased investor concerns. The tariff pause, implemented amidst economic uncertainty, led to a surge in the stock market, although the market later experienced a sell-off. The pause was likely influenced by the bond market and rising interest rates. The show also discussed the impact of tariffs on various companies, including Delta and CarMax, and featured an interview with MercadoLibre's CFO about the company's resilience.