#TariffsPause Temporary suspension of the new tariffs imposed by President Donald Trump in April 2025.
After the tariffs caused significant disruptions in the markets, Trump announced a 90-day suspension for most countries (except for China, which remained subject to a 145% tariff).
The goal of the pause was to calm the markets and open the door for negotiations with trading partners.
Trump later indicated that another suspension is unlikely, and that the continuation of high tariffs is considered a "complete victory" for boosting domestic manufacturing.
Despite a slight improvement in consumer confidence, economic conditions remain unstable with concerns about financial corruption due to potential leaks of internal information.