Donald Trump announced a 90-day suspension of tariffs for several countries, raising Chinese tariffs to…
Donald Trump said that during the 90-day period, only 10% of the countdown tariffs will be in effect.
U.S. President Donald Trump announced a 90-day pause on his reciprocal tariffs. However, he announced that China’s tariffs will be raised to 125%, up from 104% previously announced. Just 24 hours after the U.S. president took effect, a new decision by the U.S. president appeared. Since the tariff announcement, it has attracted concerns about a major trade war and has attracted attention from a global recession.
“I have authorized 90 days of temporary, and during this period, to achieve a reciprocal tariff of 10% and also immediately effective,” Trump wrote. “The solution on topics related to trade, trade barriers, tariffs, currency manipulation and non-monetary tariffs have been negotiated, and none of these countries, under my strong suggestion, retaliation, form or retaliation against the United States in any way. ”
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