#TariffsPause A "tariffs pause" generally refers to a temporary suspension or delay in the implementation of new or existing tariffs. This can occur for various reasons, such as ongoing trade negotiations, political considerations, or economic factors.

Based on recent events:

* United States: The U.S. Administration, under President Trump, recently announced a 90-day pause on additional tariffs beyond a baseline 10% tariff for most countries. This pause, effective April 10, 2025, does not apply to China, for which tariffs were further increased to 145%. The pause is intended to provide an opportunity for negotiations with trading partners who have pledged to negotiate without retaliating.

* European Union: In response to the U.S. delaying its reciprocal tariffs, the European Union also announced a pause on its planned countermeasures against U.S. tariffs on steel and aluminum imports. This suspension is in place until July 14, 2025, allowing space for EU-U.S. negotiations