The US government has announced a temporary 90-day pause on certain tariffs imposed on most trading partners, excluding China. This move aims to facilitate trade negotiations and potentially ease global trade tensions.

*Key Points:*

- *Duration*: 90-day pause on reciprocal tariffs

- *Affected Countries*: Most trading partners, except China

- *Remaining Tariffs*: 10% baseline tariff on US imports and 25% tariffs on steel, aluminum, and automobiles

*Potential Benefits:*

- *Cost Relief*: Temporary reduction in costs for businesses importing goods

- *Supply Chain Stability*: Pause offers stability for businesses to plan and avoid disruptions

- *Trade Negotiations*: Opportunity for countries to engage in trade talks

- *Market Impact*: Positive influence on market sentiment, potentially boosting stock markets

China has responded by denying ongoing tariff negotiations and demanding the US lift unilateral tariffs. The pause may improve trade relations, but ongoing tensions with China could still impact global supply chains.#TariffPause