#TariffsPause The US has announced a 90-day pause on certain tariffs to ease inflationary pressures and reassess trade policies. This move benefits retailers like Walmart and Target with cheaper imports but hurts domestic manufacturers, particularly in the steel and solar sectors, threatening 40,000 jobs. The pause may signal flexibility in trade talks, but China's response has been skeptical. While it may lower prices for consumers, critics argue it favors multinational corporations over small businesses and won't address underlying trade inequities. The pause's impact on the US trade deficit and economic growth remains uncertain.
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