#TariffsPause Madness CurrencyTariffs have been paused for Mexico and Canada, but not for China. Here's a breakdown¹ ²:

- *Mexico and Canada*: Initially, President Trump planned to impose 25% tariffs on imports from these countries, citing national emergencies related to fentanyl and illegal immigration. However, after negotiations, the tariffs were delayed until March 6, 2025, allowing time for further discussions.

- *China*: A 10% tariff on Chinese goods took effect on February 4, 2025, with some exemptions for goods like humanitarian donations, information materials, and certain personal items. China retaliated with tariffs of up to 15% on US energy imports and other products