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

MG News | April 10, 2025 at 09:19 AM GMT+05:00
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
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 138,597.36 256.32M | -0.05% -68.14 |
ALLSHR | 85,286.16 608.38M | -0.48% -413.35 |
KSE30 | 42,340.81 77.13M | -0.03% -12.33 |
KMI30 | 193,554.51 76.19M | -0.83% -1627.52 |
KMIALLSHR | 55,946.05 305.11M | -0.79% -443.10 |
BKTi | 38,197.97 16.53M | -0.59% -225.01 |
OGTi | 27,457.35 6.73M | -0.94% -260.91 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 117,670.00 | 121,165.00 117,035.00 | -1620.00 -1.36% |
BRENT CRUDE | 69.23 | 70.77 69.14 | -0.29 -0.42% |
RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
CRUDE OIL - WTI | 66.03 | 67.54 65.93 | -0.20 -0.30% |
SUGAR #11 WORLD | 16.79 | 17.02 16.71 | 0.05 0.30% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|