#TariffsPause China Tariffs: Tariffs on Chinese goods remain at 145%, with no pause applied. Trump has signaled potential reductions, stating tariffs will "come down substantially, but it won’t be zero," hinting at possible de-escalation talks. U.S. Treasury Secretary Scott Bessent called the high tariffs unsustainable, and negotiations may lead to lower rates if mutual agreements are reached.Other Countries: Over 75 countries, including Switzerland, Cambodia, and Indonesia, are negotiating trade deals during the pause. Switzerland secured a 10% tariff rate during talks, even if negotiations extend beyond 90 days.Economic Impact: The pause followed market turmoil, including a bond market sell-off and a 10% S&P 500 drop. Businesses like PepsiCo and 3M reported higher costs, and small businesses face challenges, with some raising prices (e.g., Ramper increased prices by 17%). Orders for big-ticket items surged in March 2025 as companies rushed to beat impending tariffs.