On April 2025, U.S. President Trump announced a striking adjustment to trade policy, detailed as follows:
Suspension of Global Tariffs for 90 Days
Trump announced a suspension of new tariffs for 90 days on more than 70 countries and regions, excluding China. This move marks a significant shift in the U.S. tariff strategy globally, reflecting an attempt to ease trade tensions with other countries.
Special Treatment of Tariffs on China
Despite the suspension of tariffs for most countries globally, Trump decided to raise tariffs on Chinese goods to 125% (later corrected to 145%). This decision indicates that the U.S. maintains a tough trade stance on Chinese products while also using tariffs as a bargaining chip.
Underlying Considerations
Political and Economic Factors: Trump's decision may be related to domestic political demands and economic interests in the U.S. For instance, avoiding a "two-front battle" in trade with allies and addressing potential global market shocks.
Diplomatic Strategy: The suspension of tariffs may be viewed as a diplomatic maneuver to gain temporary non-retaliation from other countries, thus maintaining a degree of flexibility in a complex international trade environment.