#TariffsPause The #TariffsPause refers to President Donald Trump's announcement of a 90-day pause on most proposed "reciprocal" tariffs, excluding those targeting China. Here's what's happening ¹:

- *Tariff Pause Details*:

- *China*: Tariffs on China remain in place unless Beijing makes "major concessions."

- *Other Countries*: A 10% baseline tariff will apply universally, with country-specific tariffs varying.

- *Excluded Products*: Energy products and certain minerals not available in the US are exempt from tariffs.

- *Market Reaction*:

- Initial market surge: $5.5 trillion added to the US stock market, and Bitcoin climbed above $83,000.

- Mixed signals: Markets are uncertain due to Trump's contradictory statements on tariff policies.

- *US-China Relations*:

- China lifted its 125% tariffs on certain US imports, signaling a potential easing of trade tensions.

- Trump wants China to open its economy, but progress depends on negotiations.

- *Impact*:

- Temporary relief for consumers and businesses.

- Pressure on China in sensitive industries like tech, electric vehicles, and solar sectors.

The pause aims to balance US inflation control with strategic competition, avoiding a full trade war while maintaining pressure on China. However, uncertainty remains, and markets are watching for further developments ¹.