#TariffPause #TariffPause
The term "suspension of tariffs" usually refers to a temporary halt of tariffs, which are taxes imposed on imported goods. In the context of ongoing trade disputes, particularly the trade war between the United States and China, the suspension of tariffs indicates a potential easing of tensions or an opportunity for negotiations.
Current situation (as of April 25, 2025):
* The United States, under the second administration of President Trump, imposed significant tariffs on imports, especially from China. These tariffs reached 145% on most Chinese goods. China responded by imposing tariffs of 125% on American imports.