#TariffsPause

The "Tariffs Pause" refers to a 90-day reprieve on certain tariffs imposed by US President Donald Trump on various countries, excluding China. Here's what this means ¹:

- *Tariff Suspension*: Countries like those in the EU will temporarily pay a 10% baseline tariff instead of their previously assigned higher rates.

- *Reason Behind the Pause*: Trump mentioned that some countries were "jumping a bit out of line," prompting this 90-day pause.

- *Impact on Trade*: The pause led to a rebound in global stock markets, with big food brands like Mondelēz International, Coca-Cola, and Nestlé seeing gains.

*Key Details:*

- *Duration*: The pause lasts for 90 days, starting from April 10, 2025, and ending on July 9, 2025.

- *China Exclusion*: China is not benefiting from this pause