Trump Announces 90-Day Tariff Pause for Select Countries

President Donald Trump has announced a 90-day pause on tariffs for select countries, marking a significant shift in U.S. trade policy. This decision comes as part of ongoing negotiations and aims to provide a temporary relief to affected nations and industries. The pause, effective immediately, will allow for further discussions on reciprocal tariff agreements.

The move has been met with mixed reactions. Some industry leaders and economists see it as a positive step towards reducing trade tensions, while others express concern over the uncertainty it may bring to global markets. The countries included in the pause have not been fully disclosed, but sources suggest that major trading partners like China and the European Union might be part of the agreement.

This tariff pause is seen as a strategic move by the Trump administration to strengthen its position in upcoming trade negotiations. Critics argue that the temporary nature of the pause could lead to further instability, but supporters believe it provides a necessary window for dialogue and potential long-term solutions.

• China
• Donald Trump
• European Union
• Trade Policy

Related issues news

What tariffs does China have on the US?

On April 9, 2025, The United States of America imposed a 125% tariff on Chinese goods, while China imposed a 84% tariff on American goods.

What do tariffs do?

The effect is to raise the price of the goods in the destination country. There is near unanimous consensus among economists that tariffs are self-defeating and have a negative effect on economic growth and economic welfare, while free trade and the reduction of trade barriers has a positive effect on economic growth.

Why did the stock market go up?

Dow Pops 2,000 Points. The stock market surged on Wednesday after President Donald Trump announced a 90-day pause on some tariffs but escalated import taxes on China. The Dow surged 2,600 points, or 6.9%.

Does Ukraine have tariffs?

Ukraine imposes several duties and taxes on imported goods: customs/import tariffs, value-added tax (VAT), and excise duties.