worldwide shock caused by the massive tariffs imposed by the President of the United States, Donald Trump, is not over, but the world breathed a sigh of relief when he announced on Wednesday that they would ultimately be lower than previously announced and that he was granting a 90-day pause to the most affected countries so they could negotiate new agreements with his government.

The White House finally announced a universal tariff of 10% and an increase of up to 125% on Chinese imports, which rose to as much as 145% less than 24 hours later.