#TariffsPause US President Donald Trump has paused reciprocal tariffs for 90 days for most countries, except China, while keeping a 10% baseline tariff in place for all. Here's what this means for some key countries and industries:
- *Countries:*
- *India*: 26% reciprocal tariffs on India are paused, but the 10% baseline tariff remains in place.
- *China*: Tariffs on Chinese imports have been increased to 125%.
- *European Union*: The EU's reciprocal tariff rate of 20% is paused, and only the 10% baseline tariff applies.
- *Industries:*
- *Steel, Aluminum, and Auto*: Section 232 tariffs remain unchanged, with 25% tariffs on imports.
- *Pharmaceuticals*: Exempt from reciprocal tariffs for now, but Trump warns tariffs may be applied soon ¹.