#TariffsPause A "tariffs pause" refers to a temporary suspension or delay in the implementation of new or existing tariffs (taxes on imported goods). This usually occurs in the context of international trade disputes or negotiations.

Recent Context (April 2025):

* Sweeping Tariffs and Subsequent Pause: In early April 2025, the United States administration announced broad tariffs on imports from numerous countries, with significantly higher duties on many. This included a "base" 10% tariff on most imported goods and much higher tariffs on specific nations.

* 90-Day Suspension: On April 9, 2025, a 90-day pause was announced for the additional tariffs (those beyond the base 10%) for all countries except China. For China, tariffs were actually increased to 125% on most goods, with exemptions for smartphones and computers.

* Rationale for the Pause: The pause was reportedly initiated because many countries engaged in negotiations and did not retaliate with their own tariffs. The White House framed this as an opening bid in ongoing trade negotiations.