Trump's New Tariff Policy: Easing Up on the Whole World, But Keeping a Close Eye on China

Recently, Trump's tariff policy has undergone new changes:

Granting a "reprieve" for over 70 countries for 90 days

On April 9, it was announced that, aside from China, tariffs on over 70 countries and regions would be suspended. This "tax holiday" will end in early July, primarily to allow time for business negotiations with these countries.

Increased pressure on China

China has become the exception to the exception; not only has there been no relief, but tariffs have risen to 145%.

Trump has stated that unless China offers "real concessions," tariffs will not be lowered.

However, recent rumors suggest that the U.S. may consider cutting tariffs on some Chinese goods by half, reducing them to between 35% and 65%.

Domestic uproar

There has been significant opposition domestically, with 12 states directly suing the Trump administration, claiming that the president imposed tariffs without congressional approval, which could undermine the U.S. economy.

Many large corporations and economic experts are also criticizing the policy, stating that it harms American citizens.

Europe breathes a sigh of relief

EU leader Ursula von der Leyen has taken the lead in applauding, calling it good news, as Europe has also suspended tariffs that were originally intended to retaliate against the U.S.

In simple terms:

Trump is temporarily easing up on the whole world, but still keeping a tight grip on China, even tightening it further.

In the next three months, various trade negotiations are expected to be particularly lively.