#TariffsPause

The US tariffs pause refers to a 90-day suspension of additional tariffs beyond the base 10% tariff imposed on imported goods from most countries, excluding China. This pause, announced by the Trump administration on April 9, 2025, aims to encourage negotiations with trading partners and potentially lead to more favorable trade agreements.

*Key Details:*

- *Duration*: The pause lasts for 90 days, starting from April 10, 2025, and ending on July 9, 2025.

- *Countries Affected*: Most countries listed in Annex I to the administration's announcement, except for China, will benefit from the pause.

- *Tariff Rates*: During the pause, affected countries will be subject to an additional 10% ad valorem rate of duty.

- *China*: Tariffs on Chinese goods will actually increase, with an 84% tariff imposed on all goods imported into the US from China, effective April 10, 2025, and further increased to 125%.

*Impact on Companies:*

- Companies that do not rely heavily on imported goods or have alternative sources may not be significantly affected.

- Companies that rely on imported goods may face increased costs and uncertainty during the 90-day period.

- Publicly-trading companies may need to disclose the impact of tariffs on their business in their quarterly earnings reports ¹.