President Donald Trump introduced Tuesday that the US will implement a 90-day pause on reciprocal tariffs and briefly scale back the speed to 10% for international locations that haven’t retaliated towards the U.S. — a transfer that would supply short-term reduction to Caribbean nations that were affected by the previously announced duties.
The announcement got here through Truth Social, the place President Trump posted a collection of statements outlining the choice and its motivations.
“Primarily based on the shortage of respect that China has proven to the World’s Markets, I’m hereby elevating the Tariff charged to China by the US of America to 125%, efficient instantly,” the president wrote. “In some unspecified time in the future, hopefully within the close to future, China will notice that the times of ripping off the usA., and different Nations, is not sustainable or acceptable.”
He added that “greater than 75 Nations have known as Representatives of the US, together with the Departments of Commerce, Treasury, and the USTR, to barter an answer” on commerce points reminiscent of tariffs, commerce limitations, and foreign money manipulation.
In a follow-up publish, Trump confirmed the 90-day pause and decreased tariffs for international locations that didn’t retaliate.
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“[T]hese Nations haven’t, at my robust suggestion, retaliated in any method, form, or kind towards the US,” he said. “I’ve approved a 90 day PAUSE, and a considerably lowered Reciprocal Tariff throughout this era, of 10%, additionally efficient instantly.”
The choice marks a short lived easing of commerce strain for nations which have opted to not escalate tensions with the U.S., amid a broader effort by the Trump administration to implement what it calls “honest and reciprocal commerce.”
No particular listing of nations was named within the Fact Social posts, however the announcement follows Trump’s earlier tariff order on April 2, which imposed a ten% levy on imports from most Caribbean nations, together with Jamaica, the Dominican Republic, and Trinidad and Tobago.
The White Home has not but launched a proper listing or extra steering.
