#TariffsPause #TariffsPause

#TariffsPause is a term that refers to the decision of U.S. President Donald Trump in April 2025 to temporarily suspend the increase of tariffs for 90 days on most of the United States' trading partners, excluding China. This decision came after a sharp decline in financial markets and pressure from bond investors. During the suspension period, the baseline tariffs remained at 10%, while tariffs on Chinese imports were raised to 145%. The aim of this suspension is to provide an opportunity for negotiation with other countries, while Trump insisted that China must make 'substantial concessions' before any easing of tariffs.