#TariffsPause

Let's break down the latest developments on tariffs and their potential impact on the market.

*Tariff Updates*

- *China's Tariff Lift*: China has lifted its 125% tariffs on certain US imports, including pharmaceuticals, vaccines, chemicals, and jet engines. This move signals a potential softening in the trade war between the two nations.

- *US Tariff Pause*: President Donald Trump has announced a 90-day pause on implementing most of his proposed "reciprocal" tariffs, excluding those targeting China. This pause may provide temporary relief to the market.

- *Previous Tariff Escalations*: China had raised tariffs on US goods to 125% from 84% in response to Trump's tariffs. The US had imposed tariffs on Chinese goods, citing national security concerns and the need to address the fentanyl crisis ¹ ².

*Market Impact*

The recent tariff developments have created uncertainty in the market. The TRUMP token's value surged 89% after rumors of a crypto dinner between Trump and Elon Musk, but the impact of tariffs on the market remains unclear.

*Key Takeaways*

- The trade war between the US and China is complex, with both sides imposing tariffs and counter-tariffs.

- The recent pause in US tariffs and China's lifting of tariffs on certain US imports may provide temporary relief to the market.

- However, the long-term impact of tariffs on the market and the economy remains uncertain ¹.

Keep in mind that the situation is fluid, and market dynamics can change rapidly. It's essential to stay informed about the latest developments and adjust your strategies accordingly.