#TariffsPause
WASHINGTON – A week after announcing global "Liberation Day" tariffs and sending the world's financial markets into a nosedive, President Donald Trump said Wednesday he's pausing the reciprocal tariffs for 90 days for most countries with one notable exception.
Trump raised tariffs on China, one of America's biggest trading partners and economic rivals, from 104% to 125%, saying the country would realize that "ripping off the U.S.A. ... is no longer sustainable or acceptable