#TariffsPause

On April 25, 2025, U.S. President Donald Trump announced a 90-day suspension of certain tariffs, aiming to provide temporary relief to global markets. This pause applies to over 75 trading partners that did not retaliate against earlier U.S. tariffs. However, China is excluded from this suspension and now faces increased tariffs of up to 125% on its exports to the U.S. (Trump Announces 90-Day Tariff Suspension - Binance, Trump Tariff Pause | Crypto Amateur on Binance Square, Tariff Pause | Asad Ali Khan33344 на Binance Square)

The suspension is designed to remain in effect until specific economic targets are achieved, though these targets have not been clearly defined. The decision is not linked to bond market conditions. (Trump Announces 90-Day Tariff Suspension - Binance)

Despite the suspension, a baseline 10% tariff introduced on April 5 remains in place for all countries, including traditional U.S. allies. Exemptions exist for certain goods such as pharmaceuticals and microchips. For countries like Vietnam, Sri Lanka, and the European Union, higher tariffs above the 10% baseline are suspended until July, offering temporary relief. (Tariff Pause | Asad Ali Khan33344 на Binance Square, Tariff Pause | Asad Ali Khan33344 on Binance Square)

Financial markets responded positively to the announcement. The S&P 500 surged by 9.5%, marking one of its largest single-day gains since World War II. Bitcoin also experienced a rally, climbing back above $83,000.