Economy

US President announces 90-day pause on tariffs, raises China’s to 125%

Date: Apr 10, 2025

United States (US) President Donald Trump said on Wednesday he authorized a 90-day pause as part of his tariff plan but was also raising the tariff rate for China to 125%, effective immediately.

“Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the US of America to 125%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping off the US, and other Countries, is no longer sustainable or acceptable.

Conversely, and based on the fact that more than 75 Countries have called Representatives of the US, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non-Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the U, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately. Thank you for your attention to this matter!”

--Reuters--

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