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Here's Why Trump Announced 90-Day Pause On Tariffs
Posted
April 10, 2025
Views
197
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April 10, 2025
197
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2:45Now PlayingUS President Donald Trump announced a 90-day pause on all reciprocal tariffs, bringing cheers to the stock markets across the globe. Trump's sudden declaration calmed the panic nerves of the financial markets as several nations were reading counter-measures, bringing the world close to an all-out trade war. His sudden backtracking came less than 24 hours after sharp new tariffs kicked in on imports from multiple trade partners.
Trump tariffs | US trade policy | Tariff decision | Trade war | Trump U-turn | US economy | Trade relations | Economic policy | US-China tariffs | Trump policy change | Trump trade policies | US-China trade war | US tariffs on China | Trump economic policies | trade policy shift | U.S. trade relations
Though almost all the countries got reprieve, China was faced with an increasing tariff of 125% after Trump accused Beijing of a "lack of respect" for retaliating by announcing tariffs of 84% on US imports.
#TrumpTariffs #DonaldTrump #Tariffs #trump #economy #china #trade #tradewar #news #politics #uspolitics #markets #stockmarket #finance #donaldtrump #whitehouse #president #china
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