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Trump Hoping for 'Good Deals' Before 90-Day Pause Ends
Posted
April 14, 2025
Views
13,056
Likes
111
Comments
90
Engagement
1.54%
April 14, 2025
13,056
111
90
1.54%
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0:23Now PlayingFor weeks, President Donald Trump has plowed ahead with plans to impose steep new tariffs on imports despite warnings that the policy could trigger economic chaos. On April 9, after a multiday plunge in global stock markets, he changed course.
In a social media post, Trump said that a set of tariffs on imports from many of America’s largest trading partners had been paused. The announcement came only 13 hours after the duties had gone into effect. Trump indicated that turmoil in the financial markets following the implementation of the tariffs played a role in his decision.
Trump announced a 90-day pause on what the administration has termed “reciprocal” tariffs on imports from almost 60 countries and the European Union. The tariff levels were customized to each trading partner and corresponded to the size of their trade surplus with the US.
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