News Briefs

Pres. Trump announces 90-day tariff pause

April 9, 2025

President Trump has announced a three-month pause on the reciprocal tariffs that went into effect at midnight, with the notable exception of China. Trump said China’s tariffs will increase from 104% to 125% after China announced higher retaliatory tariffs. Mexico and Canada will continue having a 25% tariff, while other countries will revert to the previous 10% level.

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