On #TariffsPause , the President of the USA, Donald Trump, suspended most global tariffs for 90 days, giving countries a chance to return to the negotiating table.
But there is a twist – tariffs on Chinese imports have been raised to an impressive 125% as trade tensions with Beijing escalate.
Why the pause?
The Trump administration claims that the decision aims to calm global markets and provide room for new trade agreements. Business leaders and investors have expressed strong concerns about the economic impact of the increased tariffs.