President Donald Trump made the surprise decision on Wednesday to pause his newly instituted tariff regime and focus his energy on China. According to his statement, a 90-day pause will be instituted while various agreements are hammered out.
The exception? China is now set to receive a 125 percent tariff in response to the retaliatory tariffs it placed on American goods.
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%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping off…
— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) April 9, 2025
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…