#TariffsPause

President Donald Trump announced a comprehensive three-month suspension of "reciprocal" tariffs on imports from most countries, except China, where tariffs were raised to 125%.

This decision came after pressure from several countries to negotiate the tariffs.

The new tariffs had negatively impacted financial markets, but the announcement of the suspension led to a significant recovery in stocks.

Trump indicated that this pause is part of his strategy to reach better trade agreements, emphasizing the importance of not imposing any additional tariffs during this period.