#TariffsPause "tariffs pause" refers to a temporary suspension of import duties between countries. This measure has gained relevance recently as a way to ease global trade tensions and allow for negotiations.
Here's a breakdown of the situation as of April 26, 2025:
Key Developments:
* President Trump's Announcement: On April 9, 2025, US President Donald Trump announced a 90-day pause on increased reciprocal tariffs for most of the United States' trading partners.
* Exclusion of China: This pause specifically excludes China, which now faces a significantly increased tariff rate of 125% on its exports to the US. This increase is reportedly in response to China's perceived lack of