U.S.: Trump Announces 90-Day Pause on Higher Tariffs for Most Countries, 125% Tariff on China

In an April 9 post on Truth Social, U.S. President Donald Trump announced that he was authorizing a 90-day pause on some of his highest tariffs on an unspecified list of countries, with those countries only being subject to a 10% U.S. tariff. In the same post, he announced that he was raising tariffs against China to 125%, effective immediately, after Chinese officials announced earlier in the day that Beijing was raising tariffs on the United States by 50% to match a similar tariff hike by the United States that entered effect April 9. ...