Trump Introduces 90-Day Tariff Pause for Most Countries
- President Donald Trump announced a 90-day pause on tariffs for over 75 countries, lowering their tariff rate to 10% as part of ongoing trade negotiations.
- Trump raised tariffs on China to 125% due to a perceived lack of respect towards global markets.
- Treasury Secretary Scott Bessent stated that the pause was part of a successful negotiating strategy, bringing countries forward to negotiate.
- Market volatility surged around the announcement, raising concerns about potential economic destabilization.
637 Articles
637 Articles

Trump's tariff pause gives market relief, but China trade war intensifies
US President Donald Trump abruptly paused tariffs on most countries, sparking euphoria on global markets Thursday, but upped the ante on a brutal trade war with superpower rival China.
Trump u-turns on tariffs, turns trade war heat on China
US President Donald Trump's stunning decision to pause the hefty duties he had just imposed on dozens of countries sent battered global stock markets surging on Thursday even as he ratcheted up a trade war with the world's No 2 economy China.
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