#TariffsPause

A Shift in Global Trade Tensions

The recent 90-day tariff pause marks a significant turning point in the ongoing global trade tensions led by the U.S. Under President Donald Trump’s directive, most countries facing steep U.S. tariffs now benefit from a temporary suspension, reverting to a lower 10% “baseline” tariff while negotiations continue. This pause, effective since April 10, 2025, offers relief to global markets and major tech companies, especially after tariffs on some goods soared as high as 145%.

However, China remains the exception. Tariffs on Chinese imports have not only stayed in place but have actually increased, reaching up to 145% on many products, as the U.S. seeks leverage in ongoing disputes. Meanwhile, China has responded by quietly reducing tariffs on select U.S. goods, like semiconductors, signaling a possible thaw but no formal negotiations.

This tariff pause has already boosted investor confidence, with U.S. stock indices surging on hopes of broader de-escalation. Yet, the situation remains fluid, with President Trump signaling that tariffs could return quickly if talks stall. For now, the pause provides breathing room for businesses and consumers, but the future of global trade remains uncertain.