In April 2025, President Donald Trump announced a 90-day pause in the imposition of new tariffs on most countries, while maintaining a 145% tariff on Chinese products. The measure aimed to contain market volatility and provide space for trade negotiations. Despite this, Trump stated that a new extension of this pause is unlikely, pushing China for trade concessions. While Trump claims progress in the negotiations, Chinese authorities deny the existence of ongoing dialogues. Analysts warn that maintaining high tariffs may lead companies to relocate their supply chains to countries like India and Mexico, causing lasting economic changes.