#TrumpTariffs Update: The US and China have hit pause on some big import taxes! Recently, these taxes (tariffs) on goods traded between them got really high. Now, for 90 days, the US has lowered its extra taxes on many Chinese products from as high as 145% down to 30%. China has also cut its new tariffs on US goods from 125% to 10%. This break aims to ease trade tensions. However, a general 10% US tariff on most imports still applies. What happens after 90 days? We'll have to wait and see if new agreements are made.