Trump in a Truth Social post says he is “immediately” raising U.S. tariffs on Chinese imports to 125% “based on the lack of respect that China has shown to the World’s Markets.”
But Trump in the same post says he has “authorized a 90 day PAUSE” for other countries, pointing to what he says are more than 75 nations who have reached out to negotiate.
That pause, and “a substantially lowered Reciprocal Tariff during this period, of 10%,” are both “effective immediately,” Trump writes.
I guess this is a tactic to isolate China and break up a possibly alliance of countries acting in concert to combat these tariffs? Well it’s a trade war.