#TariffsPause

A tariff pause refers to a temporary suspension or reduction of tariffs—taxes imposed on imported goods—typically enacted by a government to stimulate trade, ease inflation, or support domestic industries facing high input costs. During the pause, importers can bring in goods at lower or no tariff rates, potentially reducing prices for consumers and increasing availability of certain products. This measure may also be used to foster diplomatic or trade relations between countries. However, a tariff pause can impact government revenue and may draw criticism from domestic producers who face increased competition from foreign imports during the period.