#TariffsPause

The US government has announced a 90-day pause on certain tariffs imposed on imported goods from most countries, excluding China. This pause, effective from April 10, 2025, to July 9, 2025, means that the additional tariffs beyond the base 10% rate will not be enforced for countries listed in Annex I, except for China.

*Key Details:*

- *Tariff Pause Period:* April 10, 2025, to July 9, 2025 (90 days)

- *Countries Affected:* Most countries, excluding China

- *Base Tariff Rate:* 10% (still applicable during the pause)

- *Additional Tariffs:* Suspended for 90 days, except for China

The pause is part of ongoing negotiations to address trade reciprocity and national security concerns. More than 75 foreign trading partners have approached the US to address non-reciprocal trade arrangements, leading to this temporary suspension ¹ ².

*Impact on Companies:*

- Uncertainty about future tariffs may impact business decisions

- Publicly reporting companies may need to address tariff impacts in quarterly reports

- Companies may need to adapt to changing tariff rates and trade policies

Keep in mind that tariffs can change, and the outcome of negotiations will likely be announced in a staggered fashion ².