Trump Delays Tariffs, China’s Tariff Rate Jumps to 125%

President Trump has extended a temporary reprieve from tariffs for most countries, aiming to alleviate international tensions and ease economic strain. This decision postpones the implementation of tariffs for 90 days, offering short-term relief for global trade. However, China’s tariff rate will surge to 125%, highlighting ongoing tensions in the U.S.-China trade dispute as negotiations are set to take place during this temporary pause.