Trump pauses Tariff Plan for 90 days on non-retaliating trade partners

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MG News | April 10, 2025 at 09:19 AM GMT+05:00

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April 10, 2025 (MLN): U.S. President Donald Trump has put a 90-day hold on his proposed tariff scheme for countries that have not retaliated against the United States in ongoing trade tensions.

Posting on X just before 1:30 p.m. Wednesday, Trump stated that over 75 countries had contacted U.S. authorities — including the Departments of Commerce, Treasury, and the U.S. Trade Representative (USTR) — to discuss trade barriers, tariffs, currency manipulation, and non-monetary restrictions.

“...these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States,” Trump wrote. “I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.”

The move, effective immediately, reflects a temporary softening of Trump's aggressive trade stance, potentially opening a window for negotiations with key U.S. partners.

The analysts fraternity is of the view that this shift may ease pressure on global supply chains while giving diplomatic channels a chance to realign trade terms before harsher measures resume.

While the specific list of affected countries hasn’t been disclosed, the development is viewed as a signal to both allies and rivals amid renewed focus on U.S. trade policy under Trump’s influence.

Copyright Mettis Link News

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