Trump announces 90-day pause on many tariffs, excluding China

President Donald Trump announced a 90-day break Sweeping tariff plan This entered into force on Wednesday, April 9, and up to 125 percent in the tariff on import from China. Even with a 90-day break, there are 10 percentage tariffs for all other imports to the United States.

“Based on the lack of respect for China’s markets in the world, the United States is immediately impressive, immediately effective by raising the United States up to 125 percent by the United States” Trump was sent to Truth Social. The President says that the President does not revenge and try to “discuss a solution”, “90 days of a 90-day break and significant low level tariff in this period from China.”

China first announces its 50 percent tariff for US imports on April 8 New York Times reportWhen the Trump’s plan enters into force, the tariff is 84 percent before increasing. Recently, the European Union confirmed Set of own tariffs To take effect on April 15th.

In addition to the negative impact of global trade, Trump tariffs have already immediately affected companies that offer partial or completely produced consumer products outside the United States. Many company products cannot afford to get the tariff to get us to customers or can not think of increasing prices to increase prices for losses.

For example, Nintendo belongs Break in order of order 2 To tariffs in the United States and Canada. New import restrictions have temporarily limited the sale of some products: both Faultfinder and Frame They are no longer selling a certain laptop in the United States. Also the frame Late pre-orders Announced that the new 2-in-1 convertible laptop will be 10 percent increase in prices On devices remaining for sale.