#TariffsPause
U.S. President Donald Trump has just announced a temporary suspension of additional tariffs on many countries for 90 days. This means that current tariff levels will be maintained, but no additional tariffs will be applied during this period ¹.
This decision was made after many countries expressed a willingness to negotiate and seek solutions to trade issues. However, China is not on the list of countries for which the additional tariffs will be suspended ¹.
Specifically, additional tariffs will be temporarily suspended for the countries listed in Annex I of the declaration dated April 2, 2025. These countries will only be subject to a basic tariff rate of 10% ¹.
This decision to temporarily suspend additional tariffs is seen as a positive step in addressing trade issues between the U.S. and other countries. However, it is still necessary to closely monitor the situation to see if negotiations can lead to long-term solutions that are beneficial for all parties involved ¹.