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Trump announces 90-day pause on tariffs - Headlines news and analysis from Global Banking & Finance Review
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Trump announces 90-day pause on tariffs

Published by Global Banking & Finance Review

Posted on April 9, 2025

1 min read

· Last updated: April 9, 2025

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Trump Declares 90-Day Tariff Pause, Raises China Tariffs

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)

Key Takeaways

  • Trump authorizes a 90-day pause on tariffs.
  • Tariff rate for China increased to 125%.
  • Immediate effect on tariff rate change.
  • Part of Trump's broader tariff plan.
  • Reported by Susan Heavey and Ryan Patrick Jones.

Frequently Asked Questions

What is the main topic?
The main topic is President Trump's announcement of a 90-day pause on tariffs and an increase in the tariff rate for China.
What is the new tariff rate for China?
The new tariff rate for China is set at 125%, effective immediately.
What is the duration of the tariff pause?
The tariff pause authorized by President Trump is set for 90 days.

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