India, April 10 -- US President Donald Trump has announced a 90-day pause on higher tariffs for countries except China.

Before the announcement, he had tried to reassure investors, posting on his Truth Social account, "BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before!"

Later, he added,"THIS IS A GREAT TIME TO BUY!!!"

The S&P 500 ended 9.5% higher, while the Nasdaq rose 12.2% in its biggest one-day gain since January 3, 2001, and its second-biggest on record.Tariff trade war LIVE coverageHowever, several market analysts are questioning Trump's statement earlier in the day that might have indicated the massive sell-off in stocks.

White House spokesperson Kush Desai wrote,"It is the respon...