Trump announces 90-day tariff pause for most countries, raises China rate to 125%
April 9, 2025
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1:56Now PlayingTrump announces 90-day tariff pause for most countries, raises China rate to 125%
YouTube Description
as posted by the channelPresident Trump announced Wednesday that his “reciprocal” tariff scheme was being paused for 90 days in response to overtures from dozens of countries — but duties on Chinese imports would be heightened to 125% due to a “lack of respect” from Beijing. NY Post politics reporter Diana Glebova shares this story.
Trump, 78, told reporters at the White House that “yippy” critics and a “queasy” bond market were factors in his abrupt reversal — after uttering into a hot mic that a massive uptick in stock value has “gotta be a record” as the Dow Jones Industrial Average closed up more than 7.8%.
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