$#TariffsPause Tariff Pause Extension: Trump suggested that another 90-day pause on tariffs is "unlikely," putting pressure on countries to negotiate trade deals.
-China Concessions*: Trump demands "something substantial" from China in return for dropping tariffs, but China's economy remains closed.
-Trade Negotiations: Trump's administration has mixed signals on trade talks, with some countries making progress while others face increased tariffs.
-Apple Impact: Apple faces uncertainty due to Trump's tariff policies, potentially affecting iPhone prices. Exemptions are in place, but may expire soon.
-Global Market Impact*: Tariffs have caused market volatility, with traders parsing Trump's conflicting signals on trade negotiations.
Some key dates to note:
-90-Day Pause*: Started on April 9, with some countries facing tariff hikes sooner if no deal is reached.
-Potential Tariff Hikes*: Countries not making deals may face tariffs as high as 50%, up from the current 10% base rate ¹.
