US President Donald Trump has announced a surprise 90-day pause on new tariffs he has imposed on most countries in the world, except China, where he has raised tariffs to a total of 125 percent.
Trump said he had “approved a 90-day pause and a substantially reduced reciprocal tariff during that period, of 10 percent, also effective immediately.”
It was not immediately clear which countries the pause would apply to. CNN has reached out to the White House for further clarification.
In the same message, Trump said he was raising US tariffs on China as he works to bring Beijing to the negotiating table.
“Based on the lack of respect China has shown for world markets, I am hereby raising the tariffs the United States is imposing on China to 125 percent, effective immediately. At some point, hopefully in the near future, China will realize that its days of taking advantage of the United States and other countries are no longer sustainable or acceptable,” Trump wrote.
China has increased tariffs on goods it imports from the United States to 84 percent in a new round of the trade war.
This reaction is in response to the fact that Donald Trump, the President of the United States, has increased tariffs on Chinese goods imported into the United States.
