Trump Pauses Tariffs On Non-Retaliating Countries, Bumps China Tariffs To 125% Effective Immediately
The markets have finally received some relief today, with US President Donald Trump this afternoon indicating that he has authorized a pause on recently imposed tariffs. The pause is set to apply to non-retaliating countries, meaning major markets like China are left out of the relief.
Specifically, reports have suggested that the pause applies to both reciprocal tariffs, as well as the 10% minimum tariffs imposed by the US last Saturday.
At the same time, tariffs on China have been raised yet again to 125%, up from the 104% rate that went into effect this morning. The latest raise follows China retaliating to the increased tariff by announcing a tariff rate of 84% on US-sourced goods as of Thursday.
The latest round of tariffs against China are said to be effective immediately.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
