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Trump Pauses Tariff Hikes on Non-Retaliating Countries

Posted

April 10, 2025

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President Donald #Trump said he would pause higher reciprocal #tariffs for 90 days on dozens of #trade partners, while raising duties on #China to 125%. The president’s about-face comes roughly 13 hours after higher reciprocal duties on 56 nations and the European Union went into effect, a move that fueled market turmoil and stoked recession fears. The president came under massive pressure from business leaders and investors to reverse course. #markets #politics #investing #finance #money #geopolitics

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Trump Pauses Tariff Hikes on Non-Retaliating Countries · Bloomberg News · Sentinel