#TariffsPause President Trump recently announced a 90-day pause on escalating tariff rates for most countries, offering a temporary reprieve from heightened trade tensions. This decision came shortly after the implementation of new tariffs and triggered significant market reactions, including a notable stock market rally.
However, this pause excludes China, as tariffs on Chinese imports were raised to 125% amidst ongoing trade disputes. The move suggests a dual approach: de-escalating tensions with key allies while maintaining pressure on China to address trade imbalances. The implications of this selective pause on global trade and diplomatic relations remain to be seen as negotiations unfold within this 90-day window.