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US President Donald Trump issues 90-day pause on reciprocal tariffs

Cointelegraph.com NewsUnited States President Donald Trump has issued a 90-day pause for “reciprocal tariffs” and lowered the tariff rate to 10% on countries that do not retaliate with counter-tariffs.However, the President also said he would increase the reciprocal tariff rate on China to 125% due to the country’s counter-tariffs against the US. Trump wrote in an April 9 Truth Social post:”At… 

​United States President Donald Trump has issued a 90-day pause for “reciprocal tariffs” and lowered the tariff rate to 10% on countries that do not retaliate with counter-tariffs.However, the President also said he would increase the reciprocal tariff rate on China to 125% due to the country’s counter-tariffs against the US. Trump wrote in an April 9 Truth Social post:”At… 

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