#TariffsPause

A tariff is a tax imposed by a government on imported goods. Tariffs are used to protect domestic industries, reduce trade deficits, or raise revenue. However, they can also lead to trade wars, increased prices, and strained international relations. When countries retaliate with their own tariffs, global trade can slow down. A #TariffsPause refers to a temporary halt or reduction in tariff rates to ease tensions, boost trade, or support economic recovery. Such pauses can encourage negotiation and cooperation between trading partners. While not always permanent, a #TariffsPause can serve as a step toward more stable economic relations.