#TariffsPause
President Trump announced a 90-day pause on new tariffs for most countries, aiming to reduce global trade tensions temporarily. However, tariffs on Chinese imports were sharply increased to 145%, with China retaliating with 125% tariffs. Markets welcomed the short-term relief, but uncertainty looms as Trump suggested another extension is unlikely. Economists warn that prolonged tariff conflicts could severely disrupt global supply chains and slow economic growth. Although the pause offers a temporary boost to market confidence, investors and businesses remain cautious about future trade policies and their broader economic impact over the coming months.
#TariffsPause