#TariffsPause

Suspension of Tariffs

It seems you are inquiring about the "Suspension of Tariffs". Here is a breakdown of what is happening regarding tariffs as of today, April 26, 2025:

Latest Tariff Situation and Suspension:

* Announcement of Comprehensive Tariffs: On April 2, 2025, the U.S. administration announced a "base" tariff of 10% on imported goods from most countries, with significantly higher tariffs on some.

* 90-Day Suspension: By April 9, 2025, a 90-day suspension of additional tariffs (beyond the 10% base) was announced for most countries. This suspension aims to encourage negotiations and prevent retaliatory actions.

* China Exemption: Notably, China was exempted from this 90-day suspension. In fact, tariffs on imports from China increased even further.

* Reciprocal Tariffs: The U.S. administration's policy includes "reciprocal tariffs" targeting countries that have trade surpluses with the United States. These tariffs are designed to balance trade barriers.