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 | 189,166.83 407.93M | 0.79% 1478.66 |
| ALLSHR | 112,809.65 875.49M | 0.16% 181.96 |
| KSE30 | 58,207.71 147.51M | 1.27% 729.47 |
| KMI30 | 269,497.03 190.79M | 1.15% 3053.85 |
| KMIALLSHR | 72,828.34 555.24M | 0.32% 235.69 |
| BKTi | 53,520.37 33.89M | -0.06% -32.37 |
| OGTi | 38,886.75 10.61M | -1.00% -393.22 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 89,340.00 | 91,290.00 88,550.00 | -105.00 -0.12% |
| BRENT CRUDE | 66.29 | 66.30 64.29 | 2.23 3.48% |
| RICHARDS BAY COAL MONTHLY | 86.75 | 0.00 0.00 | -3.00 -3.34% |
| ROTTERDAM COAL MONTHLY | 98.50 | 0.00 0.00 | -0.30 -0.30% |
| USD RBD PALM OLEIN | 1,071.50 | 1,071.50 1,071.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 61.28 | 61.36 59.52 | 1.92 3.23% |
| SUGAR #11 WORLD | 14.73 | 14.98 14.72 | -0.23 -1.54% |
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 |
|---|
Lending and Deposit Rates