#TariffsPause

The United States recently announced a 90-day pause on certain tariffs imposed on various countries. Here's what's happening ¹:

- *Tariff Details*: The US imposed a base tariff of 10% on imported goods from most countries, with higher tariffs on specific countries and products.

- *Pause Explanation*: The 90-day suspension applies to additional tariffs beyond the base 10% rate, excluding China, which saw further tariff increases.

- *Negotiations*: The pause aims to facilitate negotiations with affected countries, potentially leading to revised tariffs on a case-by-case basis.

- *Impact*: Companies importing goods may experience uncertainty and potential cost increases, while publicly-trading companies may face pressure to disclose tariff impacts in their quarterly reports.