#TariffsPause Comment on American tariffs: Trump tries to unite the world against China and calm the stock markets
Was it about isolating China or calming the markets? Or both?
Whatever the case, President Donald Trump surprised the world with his sudden decision to escalate the trade war against America's biggest competitor and delay the high tariffs imposed on his allies.
The Chinese president insisted he would sit at the negotiation table.
In a quick response to China's decision to match the tariffs imposed by the United States, Trump announced on April 9 that the rate of Chinese tariffs had risen to 125%.