#TariffsPause #TariffsPause The President of the U.S., Donald Trump, has announced a 90-day pause on reciprocal tariffs for most countries, except China. During this period, a base tariff of 10% will be maintained for all countries.

*Impact on different countries and sectors:*

- *India*: The pause implies the suspension of the 26% reciprocal tariffs, but the 10% base tariff that came into effect on April 5 remains in place.

- *China*: Tariffs have increased to a total of 125% due to retaliatory measures.

- *European Union*: The 20% reciprocal tariff rate is paused, but the 10% base tariff remains.

- *Canada and Mexico*: Tariffs related to fentanyl remain unchanged.

- *Steel, aluminum, and automotive sectors*: The 25% tariffs remain unchanged.

This decision could influence trade negotiations and the global market ¹.