#TariffsPause

President Donald Trump has paused the implementation of reciprocal tariffs for 90 days for many countries, except for one. This decision comes after over 75 countries sent representatives to negotiate a solution and refrained from retaliating against the US. A 10% baseline tariff remains in place for all countries, though.

*Key Details:*

- *Duration of Tariff Pause*: 90 days

- *Countries Affected*: Over 75 countries involved in negotiations, with one exception

- *Tariff Rate*: 10% baseline tariff remains in effect

- *Reason for Pause*: Countries' willingness to negotiate and avoid retaliation

This move reflects Trump's approach to international trade, prioritizing US interests and leveraging tariffs as a negotiating tool ¹.