Trump announces 90-day pause on tariffs
Published by Global Banking & Finance Review®
Posted on April 9, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 9, 2025
1 min readLast updated: January 24, 2026
President Trump announces a 90-day tariff pause and raises China's tariff rate to 125%, effective immediately.
WASHINGTON (Reuters) - U.S. 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.
(Reporting by Susan Heavey and Ryan Patrick Jones; Writing by Ismail Shakil; Editing by Doina Chiacu and Chris Reese)
The main topic is President Trump's announcement of a 90-day pause on tariffs and an increase in the tariff rate for China.
The new tariff rate for China is set at 125%, effective immediately.
The tariff pause authorized by President Trump is set for 90 days.
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