#TariffsPause TariffsPause refers to a temporary halt or suspension of import/export duties, often enacted to ease economic strain or foster diplomatic negotiations. In 2024, the U.S. and EU considered pausing tariffs on Chinese EVs and green tech to curb inflation and stabilize supply chains amid rising trade tensions . China reciprocated by halting retaliatory tariffs on $2B of U.S. agriculture, easing bilateral pressures . Such pauses aim to de-escalate trade wars, lower consumer costs, and buy time for long-term agreements. Critics argue they delay structural reforms, while proponents highlight short-term relief for businesses and households. Markets typically react positively to tariff pauses, viewing them as steps toward global economic stability and reduced policy uncertainty.