#TariffsPause

​In April 2025, the United States implemented a 90-day pause on new tariffs for most countries, aiming to facilitate trade negotiations and ease global economic tensions. This suspension, set to expire on July 8, excludes China, which remains subject to a 145% tariff. Countries like India and South Korea are utilizing this window to negotiate favorable trade terms. However, President Trump has indicated that extending the pause is unlikely, signaling a potential return to higher tariffs. Economists express concern that resuming tariffs could disrupt supply chains and hinder global economic growth.