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Author Topic: Trump backs down on most tariffs for 90 days but raises Chinese imports to 125%  (Read 939 times)

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Trump backs down on most tariffs for 90 days but raises Chinese imports to 125%
« on: April 13, 2025, 04:18:22 AM »
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Trump backs down on most tariffs for 90 days but raises Chinese imports to 125%

In response to a worldwide market crisis, President Donald Trump announced on Wednesday that he would temporarily suspend tariffs on most countries for a period of 90 days, while simultaneously increasing the tax rate on Chinese imports to 125%.
Source: Trump backs down on most tariffs for 90 days but raises Chinese imports to 125%

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