#TariffsPause A tariff pause is a temporary suspension or reduction of tariffs — taxes imposed on imported goods — usually implemented by governments to control inflation, support consumers, or aid businesses. During this period, selected goods may enter a country without the usual import taxes, lowering market prices. Tariff pauses often target essential commodities like food, fuel, or raw materials, especially during economic challenges or shortages. Governments may also use tariff pauses to stabilize industries affected by global price volatility. However, while consumers and businesses benefit from lower costs, local producers might face increased competition from cheaper imports during the pause.
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