#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.