Major global players have agreed to a temporary suspension of new tariffs, causing a wave of relief in the international trade scene. This pause provides a necessary respite for companies facing complex supply chains, and for consumers who are facing the specter of rising prices. We hope that this period of calm will foster constructive dialogue, ultimately leading to more stable and predictable trade relations worldwide. Let us hope for a positive long-term outcome.

Tariff Suspension* is a label used to indicate a *suspension or halt of the application of tariffs* between countries or on specific products. This label can be used in the context of discussing economic policies or trade agreements between governments. It refers to a period of pause or postponement of tariff imposition, which may affect prices and international trade. This suspension may result from trade negotiations or changes in global economic policy.#TariffsPause