$BTC #TrumpTariffs President Donald Trump has announced a temporary suspension of tariffs for 90 days against 75 trade partners who have not retaliated against his administration's tariff policies. However, there are still some important points to note about Trump's new tariff policy:
- *Tariffs on countries*: The U.S. will impose a 10% import tax on all countries, except for China, which will face higher tariffs.
- *Extension of tariff suspension*: The Trump administration is considering extending the 90-day tariff suspension for America's top trade partners, provided these countries demonstrate "goodwill" in negotiations.
- *Trade agreement*: The U.S. has announced a framework trade agreement with the UK and China, but full details have yet to be released.