Temporary suspension of certain U.S. tariffs imposed by President Donald Trump in April 2025. This suspension is in effect for 90 days, from April 10 to July 9, 2025, for most countries except China, which continues to face high tariffs.

Key Developments

Global tariff suspension: On April 9, 2025, President Trump announced a 90-day suspension of additional tariffs that exceed the base rate of 10% for many countries. This move aims to provide an opportunity for trade negotiations and alleviate immediate economic disruptions.

Increase in Chinese tariffs: In contrast, tariffs on Chinese imports have been raised to 145%, reflecting ongoing trade tensions between the United States and China.

Economic implications: Tariff policies have led to significant disruptions in