#TariffsPause The "tariff pause" refers to a temporary suspension in the implementation of new tariffs or the increase of existing ones. Recently, a 90-day pause was announced on the "reciprocal" tariffs that matched the tariffs of other countries on U.S. exports. However, this pause does not include several key sectoral tariffs, such as the 25% tariff on imported vehicles, the upcoming 25% tariff on auto parts (effective May 3, 2025), and the tariffs on steel and aluminum, which remain unchanged. This measure seeks to create space for negotiations and potential trade agreements among the affected nations, although the exclusion of certain important sectors limits its scope and potential global economic impact.
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