#TariffsPause

The hashtag #TariffsPause has gained attention following President Donald Trump's recent decision to implement a 90-day suspension on newly announced tariffs for most U.S. trading partners—excluding China. This move, announced in early April 2025, was a response to significant market turmoil triggered by the initial tariff announcements. Despite the pause, a 10% global baseline tariff remains in effect, and Chinese imports continue to face a steep 145% tariff .

The tariff pause has offered temporary relief to businesses and markets, with the S&P 500 experiencing its largest one-day gain since 2008 following the announcement. However, the underlying uncertainty persists. President Trump has indicated that another extension of the pause is unlikely unless the U.S. secures "something substantial" from trade partners, particularly China .

Economists and business leaders, including hedge fund manager Bill Ackman, argue that the high tariffs are detrimental to companies reliant on Chinese supply chains. Ackman suggests that both the U.S.