$BTC President Donald Trump has announced a 90-day suspension of tariffs on 75 trading partners that have not retaliated against his administration's tariff policies. However, there are still some important points to note about Trump's new tariff policy:
- *Tariffs on countries*: The U.S. will impose a 10% import tariff on all countries, except China, which will face higher tariffs.
- *Extension of tariff suspension*: The Trump administration is considering extending the 90-day tariff suspension for America's top trading partners, provided these countries demonstrate "goodwill" in negotiations.
- *Trade agreement*: The U.S. has announced a framework trade agreement with the UK and China, but full details have yet to be released.