#TariffHODL

A tariff hold is a temporary suspension of tariffs on specific goods or services. It is often used as a tool in trade negotiations or to address specific economic situations.

Recent Examples:

* February 2025: President Trump put a 30-day hold on tariffs on goods from Canada and Mexico (except for a 10% tariff on Canadian oil) after reaching agreements with both countries to increase border security efforts.

* February 2025: President Trump's 10% tariffs on goods from China went into effect.

Purpose of Tariff Holds:

* Trade Negotiations: Tariff holds can be used to create a window for negotiations and encourage cooperation between countries.

* Economic Relief: In certain situations, tariff holds can be used to alleviate economic pressure or provide relief to specific industries.

* Policy Adjustments: Tariff holds can allow time for policy adjustments or revisions based on new information or developments.

Impact of Tariff Holds:

* Economic Effects: Tariff holds can have various economic effects, depending on the specific goods or services involved and the duration of the hold. They can impact prices, supply chains, and trade relationships.

* Political Considerations: Tariff holds often involve political considerations and can be used as a tool in international relations.