S President Donald Trump on Wednesday announced a 90-day pause on higher tariffs on trade partners, but raised duties on China to 125%. He said in a social media post that he is pausing his so-called “reciprocal tariffs” on many other trading partners because they had responded by reaching out for talks rather than retaliating and blamed China for “lack of respect”. “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,” Trump wrote on Truth Social. watch here for more details
first published: Apr 10, 2025 09:01 pm
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