#TariffsPause

Trump’s 90-day pause on most new U.S. tariffs—offset by a lower 10% rate during the reprieve and a simultaneous hike on Chinese imports to 125%—was signed on April 9 as part of his broader trade strategy.

U.S. manufacturers and importers breathed a sigh of relief (with bond yields softening), even as Trump denies that market volatility drove his decision.

Beijing responded with limited retaliatory levies and is now considering exemptions for select American goods, but a full détente is still off the table.

A muddled ceasefire or the start of real progress? the pause may offer temporary relief, but the broader U.S.–China trade war is far from over—stay tuned and always DYOR!