#TrumpTaxCuts
The decision of former United States President, Donald Trump, to pause some tariffs generated a significant impact on the global economy. Here are some key points:
* Impact:
* The pause brought relief to financial markets, with an increase in stock exchanges.
* However, uncertainty about the future of tariffs and global trade relations remained.
* China was the only country that did not have its tariffs paused, and it even saw an increase to 125%.