In April 2025, U.S. President Donald Trump announced a temporary pause in the imposition of new trade tariffs, sparking a wave of discussions in global markets. Following the escalation of the trade war with China, where tariffs on Chinese goods rose to 125%, Trump expressed readiness to reduce them 'substantially, but not to zero.' This decision was a response to negotiations with Treasury Secretary Scott Bessent and Trade Chief Howard Lutnick, as well as concerns over rising prices and product shortages.
The pause, planned until July 2025, aims to conclude trade agreements with countries, including South Korea. China, however, denies active negotiations, calling the U.S. statements 'baseless.' Markets reacted with an increase: shares of Tesla, Nvidia, and Amazon showed gains.
Analysts warn of uncertainty. Tariffs have already caused volatility, and companies like Walmart express concerns about empty shelves. The pause may stabilize supply chains, but without clear agreements, risks remain.
Economists are skeptical about the idea of replacing income taxes with tariff revenues proposed by Trump. The future depends on negotiations, but for now, the pause gives markets a breather.