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Trump temporarily lowers tariffs: 10% for all, except China
Rate raised to 125% for Beijing over "display of disrespect"
US President Donald Trump announced a temporary suspension of strict tariff policy — a unified import tariff of 10% will be introduced for all countries except China for 90 days. For Chinese goods, tariffs are instead raised to 125%, the highest level in the entire trade war.
According to Trump, the tightening was caused by "a demonstrative disrespect from Beijing," shown in retaliatory trade measures and diplomatic statements. The White House emphasized that China "crossed the line," and the unified tariff for other countries is being introduced as a temporary compromise amid pressure from US businesses and allies.
Markets reacted immediately: cryptocurrency rates surged, and US and European stock indices turned green. Investors took the decision as a sign of possible de-escalation and stability in the upcoming quarter.
Financial analysts note that the pause in the tariff war may ease the risk of recession, but the increased tariffs on China keep tensions high, especially in high-tech and industrial sectors.
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