Trump Adjusts Tariffs: 90-Day Suspension for Most, Sharp Increase for China
The US President's tariff reversal grants temporary relief to most nations while escalating trade tensions with China through a 145% tariff hike.
- President Trump announced a 90-day suspension of certain tariffs, reducing rates to 10% for most countries, while significantly increasing tariffs on Chinese imports to 145%.
- The policy shift has caused significant market turbulence, with initial stock surges followed by renewed volatility and bond market instability.
- The tariff pause aims to pressure trade partners, including the EU, into lowering barriers on US exports, with the EU temporarily halting retaliatory tariffs.
- Critics, including US lawmakers, have raised concerns about potential insider trading linked to the timing of Trump's announcements.
- Economic experts warn of heightened risks of inflation and recession, citing erratic trade policies and rising US Treasury yields as contributing factors.









































































































































