#TariffsPause US Tariffs and Potential Pause:
* US President Donald Trump had recently announced significant tariff increases on approximately 60 countries.
* However, he quickly implemented a 90-day pause on these additional tariffs for most trading partners. This pause aims to allow time for negotiations. During this 90-day period, a baseline tariff of 10% remains in effect for these countries.
* China is an exception to this pause. In fact, tariffs on Chinese goods were reportedly increased further.