Trump Imposes 125% Tariffs on China, Suspending Trade Actions for 90 Days

In a significant development regarding the US-China trade war, President Trump has announced an immediate increase in tariffs to 125% on Chinese imports. In addition, tariffs on goods from other countries will be temporarily suspended for a period of 90 days, with a 10% tariff rate implemented during that time. This follows pressure from over 75 countries who requested negotiations regarding trade disputes involving issues such as currency manipulation and non-monetary tariffs.