Trump Declares 90 Day Reciprocal Tariff Pause Except for China

President Donald Trump announced a 90 day pause on his sweeping tariffs Wednesday, giving all countries a 10% baseline except China, which will see even higher levies.

"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 United States of America to 125%, effective immediately," Trump wrote on Truth Social.

Saying that more than 75 countries had asked for negotiations over the tariffs, Trump said he "authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately."

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