Donald Trump Pauses Tariffs for 90 Days, Imposes 125% Tariff on China

President Donald Trump has issued an update to his tariff policy that saw the stock market in shambles the past few days.

He announced he’s “authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.”

However, this does not include China, who will now see a 125% tariff raise, from 104%.

“Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%...