#TariffsPause
Refers to a temporary suspension or halt of tariffs between countries or on certain products, often associated with trade negotiations or initiatives to ease economic tensions between major trading partners such as the United States and China or the European Union. The suspension of tariffs typically aims to provide an opportunity for dialogue, support supply chains, and reduce prices for consumers and businesses. In 2024, there were many calls on social media demanding a stop or reduction of tariffs, especially with rising commodity prices and challenges of global inflation, reflecting the importance of trade policies in economic stability.