Due to significant market volatility caused by newly introduced tariffs, the individual announced a 90-day pause on retaliatory tariffs for most countries. This temporary delay excludes China, as tariffs on Chinese imports have been increased to 125%. The decision to suspend tariffs was made shortly after their initial implementation and against the backdrop of growing concerns about a potential global economic slowdown.

This 90-day window provides an opportunity for negotiations and discussions, with more than 75 countries reportedly seeking negotiation opportunities. While this pause provides some relief to many trading partners, the increase in tariffs on China signals ongoing attention to trade imbalances with that country. Markets reacted positively to the news of the temporary suspension.