#TariffsPause A tariff pause refers to a temporary suspension or reduction of tariffs—taxes imposed on imported goods. Governments may implement a tariff pause to ease economic pressure, encourage trade, or address inflation. It can provide relief to businesses and consumers by lowering the cost of goods and promoting international cooperation. Often, tariff pauses are used during economic downturns, trade negotiations, or to stabilize prices in critical sectors. While beneficial in the short term, critics argue that extended pauses could weaken domestic industries. Overall, a tariff pause is a strategic tool used to balance economic needs with long-term national interests.