H ours after Donald Trump’s sweeping “reciprocal” tariffs— which were announced with much fanfare last week, jolting world leaders and roiling global markets —kicked in on Wednesday , the U.S. President pulled a 180. Trump announced a 90-day pause on countries that have not retaliated, temporarily lowering the high tariffs on nearly all trading partners to a baseline 10%, while raising the tax rate on imports from China, which had retaliated with tit-for-tat hikes on U.S. imports, to 125%.

Tag-uri: Donald Trump