#TariffsPause US Tariff Suspension: Trump Attempts to Unite the World Against China and Calm Stock Markets
Was it about isolating China, calming the markets, or both?
Whatever the case, President Donald Trump surprised the world with his sudden decision to escalate the trade war against America's largest competitor and delay the high tariffs imposed on its allies.
Chinese President insisted that he would sit at the negotiating table.
In a swift response to China's decision to match the tariffs imposed by the United States, Trump announced on April 9 that the rate of Chinese tariffs had risen to 125%.
At the same time, he issued a 90-day suspension on the reciprocal tariffs imposed on trade partners with whom the United States faces a trade deficit, including important allies in Asia such as Japan and South Korea#TarrifspPause ause