#TariffsPause

The "tariff pause" decreed by the Trump administration in April 2025 is a tactical truce in an atmosphere of heightened trade tensions. By temporarily suspending tariffs on most trading partners, with the notable exception of China, this measure aims to soothe the markets and pave the way for new negotiations.

However, this suspension is perceived by many analysts as a temporary solution rather than a lasting resolution of trade disputes. Companies remain faced with persistent uncertainty, hindering their ability to plan for the long term and invest with peace of mind. Furthermore, global supply chains continue to be disrupted, particularly due to the tariffs maintained on Chinese imports, which have reached 145%, leading to a significant decrease in shipments from China to the United States.

In summary, while the "tariff pause" offers a momentary reprieve, it is not a sustainable solution to the current trade tensions. A more coherent and predictable approach to trade policy would be necessary to restore businesses' long-term vision and ensure the stability of international exchanges.