Trump announced a pause for most countries – except China whose tariffs he raised to 125%
Donald Trump announced a 90-day pause on tariffs for most countries except China, whose tariffs he raised to 125% on Wednesday.
After insisting for days that he would hold firm on his aggressive trade strategy, Trump announced that all countries that had not retaliated against US tariffs would receive a reprieve – and only face a blanket US tariff of 10% – until July.