On April 9, 2025, American President Donald Trump announced a 90-day pause in the enforcement of tariffs for most countries, with the exception of China, on which he increased tariffs to 125%.

International and economic reactions:

• European Union (EU): EU officials cautiously welcomed the decision, considering it a step toward economic stability.

• Financial markets: The announcement led to significant increases in global markets. The FTSE 100 index rose by over 6%, surpassing 8,000 points for the first time in five years. The S&P 500 index in the U.S. recorded a 9.5% increase, while Nasdaq rose by over 12%.

• China: In response to the U.S. tariff increases, China imposed an 84% tax on American goods and continued to devalue its currency, with the yuan reaching its lowest level since 2007.