$USDC US tariff pause: Trump tries to unite the

world against China, calm stock markets

60%

Was it about isolating China or calming the

markets? Or both?

Whatever the case, President Donald

Trump stunned the world with his abrupt

decision to escalate the trade war against

America's biggest rival and postpone the

high tariffs imposed on allies.

And Chinese President he insisted, would

come to the negotiating table.

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In swift retribution against China's

decision to match in kind the tariffs

imposed by the US, Trump announced on

April 9 that China's tariff rate had been

increased to a total of 125 per cent.

At the same time, he issued a 90-day

pause in the implementation of reciprocal

tariffs that had been applied on trade

partners with which the US has trade

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