#TariffsPause

TariffsPause

Following a period of significant market volatility triggered by newly implemented tariffs, the individual announced a 90-day pause on reciprocal tariffs for most nations. This temporary reprieve excludes China, as tariffs on Chinese imports were raised to 125%. The decision to pause tariffs came shortly after their initial implementation and amid growing concerns about a potential global economic downturn.

This 90-day window offers an opportunity for negotiation and discussion, with over 75 countries reportedly seeking talks. While this pause brings a degree of relief to many trading partners, the increased tariffs on China signal a continued focus on trade imbalances with that nation. The markets reacted positively to the news of the temporary suspension.