Trump Makes U-Turn With 90-Day Pause On Reciprocal Tariffs, Doubles Down On China For Retaliation
Wednesday, 9 April 2025 () In a sharp escalation targeting Beijing, tariffs on Chinese imports have been raised to 125%, up from the 104% rate imposed overnight, following China’s retaliatory tariff of 84%, announced President Donald Trump.
President Donald Trump has declared a 90-day pause on all new "reciprocal" tariffs, excluding China, which now faces a 125% levy. The decision triggered a massive rally on Wall Street, with the S&P 500 seeing its best day since 2008. Trump emphasized the need to avoid hurting friendly nations....
It’s been an eventful first 100 days for the second Trump administration, which has featured tariff turmoil, shifting foreign policy and the upheaval of prior geopolitical relationships. In this..
U.S. Treasury Secretary Scott Bessent has admitted that the ongoing tariff war with China, sparked by President Donald Trump's massive 245% tariffs, is "unsustainable."..
U.S. Treasury Secretary Scott Bessent has admitted that the ongoing tariff war with China, sparked by President Donald Trump's massive 245% tariffs, is "unsustainable."..
India aims to accelerate trade agreement talks with the US after a temporary pause on reciprocal tariffs, while the US increases duties on China. India was among... IndiaTimes
China urges the US to completely eliminate reciprocal tariffs imposed during the Trump administration, which have escalated to 145%. Describing the recent tariff... IndiaTimes
Wednesday, 9 April 2025 ()
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