#TariffsPause What happened:
Recently, the U.S. decided to pause or delay some new tariffs on Chinese goods.
This means no immediate new taxes on some imports — at least for now.
Why:
Inflation is still a problem — adding new tariffs could raise prices even more for U.S. consumers.
The U.S. also doesn’t want to spark a full-blown trade war right before a U.S. election.
Pausing tariffs keeps negotiations with China a little more peaceful while still showing toughness in areas like tech, EVs, and solar.
China's reaction:
China generally welcomes a pause because it helps their exporters survive during a rough economy.
But China is also bracing for other moves like targeted tariffs (example: EVs, batteries, steel).
Summary:
The tariff pause is a tactical move: keep U.S. inflation down, avoid shocking the economy, but still keep pressure on China in sensitive industries