Industry News

Trump Imposes 90-Day Pause on Tariffs

The US president reportedly hiked the tariffs further, imposing 125% on Chinese exports on Wednesday.

As the war of the tariffs rages on, President Trump imposed a 90-day pause on the tariffs that went into effect Wednesday at midnight — discluding China. Trump reportedly hiked the tariffs further, imposing 125% on Chinese exports on Wednesday. This comes following Trump’s announcement of imposing 104% tariffs across all Chinese imports in response to Beijing’s retailiation of 34% tariffs on all goods imported from the US. China’s retaliation stems from President Trump’s recent impositi...

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