#TariffsPause

Highlights of developments related to "TariffsPause":

The Trump administration announced on April 9, 2025, a "TariffsPause," which is a temporary suspension of tariffs for 90 days on imports from most countries, while keeping tariffs high on China, which were raised to 125%. In response, China imposed tariffs of 84% on American goods. The decision to suspend led to a relative recovery in the markets. On April 25, Trump confirmed that an extension of the "TariffsPause" is unlikely without substantial concessions from China. This initiative aims to temporarily relieve

economic pressures without conceding his stance towards Beijing.

The market recovery was an emotional, short-term reaction to the news of "tariff relief," not due to any actual improvement in the fundamentals of the economy or trade.

In other words, the markets recovered due to a short-term political news, while the underlying issues, such as the escalation with China and weak supply chains, still remain.