#TariffsPause The US government recently announced a 90-day pause on certain tariffs imposed on imported goods from most countries, excluding China. This pause aims to promote international trade, alleviate economic tensions, and facilitate trade negotiations.

Key Details:

Tariff Rates: A base tariff rate of 10% will be applied to imported goods from most countries, with higher rates suspended for 90 days.

Excluded Countries: China is not included in the 90-day pause and will face increased tariffs, currently set at 125% on certain goods.

Negotiations: The 90-day pause is intended to allow for negotiations with trading partners to address non-reciprocal trade arrangements and align on economic and national security matters.