#TariffsPause #TariffsPause The President of the U.S., Donald Trump, has announced a 90-day pause on reciprocal tariffs for most countries, except China. During this period, a base tariff of 10% will be maintained for all countries.

*Impact on different countries and sectors:*

- *India*: The pause implies the suspension of reciprocal tariffs of 26%, but the base tariff of 10% that came into effect on April 5 remains in place.

- *China*: Tariffs increased to a total of 125% due to retaliatory measures.

- *European Union*: The reciprocal tariff rate of 20% is paused, but the base tariff of 10% remains in place.

- *Canada and Mexico*: Tariffs related to fentanyl remain unchanged.

- *Steel, aluminum, and automotive sectors*: Tariffs of 25% remain unchanged.

This decision could influence trade negotiations and the global market ¹.