#TariffsPause

A tariff pause refers to a temporary halt or suspension in the implementation of tariffs (taxes imposed on imports or exports). Governments may introduce a tariff pause to support economic stability, encourage trade, or ease tensions during negotiations. It provides businesses and consumers relief from rising costs caused by tariffs. During this period, existing tariffs might stay the same, and no new tariffs are added. A tariff pause can be part of a larger trade agreement or a standalone decision. It aims to create a more favorable environment for discussions, investments, and smoother economic growth between trading partners.