MARKET SOARS: Trump Raises Tariffs on China to 125% But Announces 90-Day Pause For Countries Who Reached Out to Negotiate
President Trump issues a 90-day pause on tariffs “and a substantially lowered Reciprocal Tariff during this period of 10%,” except for China. Isolating China.
Checkmate.
Treasury Secretary Scott Bessent: “Do not retaliate and you will be rewarded. So every country in the world wants to come and negotiate. We are willing to hear you. We are going to go down to a 10% baseline tariff for them and China will be raised to 125% due to their insistence on escalation.
BREAKING: Trump Issues a Tariff Pause, Smacks China Again
By: Katie Pavlich, Townhall, April 09, 2025 1:33 PM
President Donald Trump issued a 90-day pause on tariffs for countries coming to the negotiation table with the United States Wednesday afternoon, sending the stock market soaring.
“Based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subiects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately,” Trump posted on Truth Social.
In addition, Trump increased tariffs on China as the Chinese Communist Party plays a game of chicken with their economy and trade negotiations with the United States.
“Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable,” Trump said.
Since announcing reciprocal tariffs from the White House Rose Garden last week, more than 75 countries have asked for negotiations on trade.
Market soars.
AUTHOR
Pamela Geller
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