#TariffsPause

Tariff has become a major talking point in global trade circles after the U.S. administration announced a 90-day suspension of higher tariffs for most countries, keeping a base 10% tariff in place. This move provided temporary relief to major exporters like Vietnam and the EU, which faced the risk of recession from sharply higher rates. However, China was excluded and saw its tariffs raised to 125%, escalating trade tensions. While the pause sparked a stock market rally and eased short-term pressure, economists warn it does little to reverse the broader shift toward protectionism, leaving global trade uncertainty high