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Trump Puts 90-Day Pause on International Trade Tariffs, but Increases Economic Rival China’s to 125 Percent


President Donald Trump on Wednesday announced a 90-day pause on tariffs on dozens of

countries, but also increased the tariff on China to 125%. “I have authorized a 90-day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately,” Trump said in a social media post. After the Truth Social post, financial markets almost immediately posted gains, after days of sharp losses since Trump announced the tariffs last week. 75 countries have called to “negotiate a solution.”

 
 
 

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