#Trump Suspends New Tariffs Trump has indeed suspended the new tariff policy for most countries, but there are exceptions for China. The specifics are as follows:
1. Suspension of tariffs for most countries: On April 9, Trump announced a 90-day suspension of new tariffs for over 70 countries and regions, excluding China, with tariffs on China increased to 145%. This decision is intended to facilitate trade negotiations with countries and regions around the world, with the grace period set to expire in early July.
2. Tariff policy on China: Despite suspending tariffs for most countries, Trump has raised tariffs on Chinese goods to 145%. He stated that he would not consider reducing tariffs on China unless substantial concessions are made by China. Additionally, the Trump administration is considering reducing tariffs on Chinese goods by over 50%, with some goods' rates potentially dropping to between 35% and 65%.
3. Domestic response: Trump's tariff policy has sparked widespread controversy within the United States. Twelve states have united to sue the Trump administration, accusing it of overstepping constitutional powers without congressional approval, threatening the stability of the U.S. economy. Furthermore, some major donors and economic experts have criticized this policy for its negative impact on the U.S. economy.
4. International response: European Commission President von der Leyen and other European leaders welcomed Trump's latest suspension of tariffs and announced a decision to postpone the imposition of retaliatory tariffs on U.S. products.