U.S. President Donald Trump announced on Wednesday a significant hike in tariffs on China, raising them to 125%, while simultaneously authorizing a 90-day tariff pause for dozens of other countries. The decision was shared via a post on his social media platform, Truth Social.
In his statement, Trump accused China of demonstrating a “lack of respect” toward global markets, justifying the immediate tariff increase. “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,” he wrote.
In the same post, Trump revealed that he has approved a 90-day tariff suspension for 75 countries that have engaged in negotiations with the U.S. He noted that this pause also takes effect immediately.
The announcement marks a sharp escalation in trade measures against China, contrasted by a temporary reprieve for other nations willing to discuss terms with the United States.
[This story is being updated.]
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