WATCH: White House Press Secretary makes bold claim 90-day pause was always Trump’s plan
Gustaf Kilander9 April 2025 19:15
WATCH: Trump administration announces 90-day tariff pause but hits China with 125% levy
Gustaf Kilander9 April 2025 19:08
Stock markets soar to near-record gains after Trump announces pause on most of his tariff plan
Stock markets have soared to near-record gains after Donald Trump announced a pause on most of his sweeping global tariffs.
The president announced this decision in a Truth Social post on Wednesday afternoon, saying that a pause of 90 days would be implemented immediately.
Gustaf Kilander9 April 2025 19:05
Trump dramatically changes course on tariffs with 90-day pause while hiking duties on China to 125%
President Donald Trump changed course again on Wednesday and announced a 90-day pause of his so-called “reciprocal” tariffs while hiking other duties on China to 125 percent.
The president’s decision followed several days of sharp losses on the stock market. In a Truth Social post, Trump claimed that his reversal was a result of what White House officials have claimed are dozens of foreign nations reaching out with the intention of re-negotiating trade policy with the United States, rather than implementing tariffs of their own.
Gustaf Kilander9 April 2025 18:59
Bessent: ‘This was his strategy all along’
Gustaf Kilander9 April 2025 18:57
Leavitt: ‘Many of you in the media clearly missed the art of the deal’
Gustaf Kilander9 April 2025 18:55
White House says 10 percent baseline tariff to remain in effect during pause
White House Press Secretary Karoline Leavitt has confirmed that the baseline tariff of 10 percent will remain in effect during the 90-day pause, while country-specific tariffs on everyone apart from China will be removed.
Gustaf Kilander9 April 2025 18:49
Mexico and Canada part of widespread tariff pause
Top U.S. trade partners Mexico and Canada are part of the countries that will be handed the tariffs of 10 percent, Treasury Secretary Scott Bessent has said.
Gustaf Kilander9 April 2025 18:44
Lutnick: ‘The world is ready to work with President Trump to fix global trade’
Gustaf Kilander9 April 2025 18:41
Trump says he’s raising Tariffs on China to 125 percent
In a Truth Social post on Wednesday, Trump said he was raising the tariffs on China to 125 percent.
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 the U.S.A., and other Countries, is no longer sustainable or acceptable.
Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.
Thank you for your attention to this matter!
Donald Trump
Gustaf Kilander9 April 2025 18:24
