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

News Image

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

0:00

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 162,102.92
254.63M
-0.51%
-834.01
ALLSHR 98,424.06
767.06M
-0.39%
-385.08
KSE30 49,178.66
92.71M
-0.54%
-267.15
KMI30 231,230.31
69.98M
-0.64%
-1485.54
KMIALLSHR 64,033.87
360.75M
-0.55%
-353.80
BKTi 43,997.64
36.18M
0.12%
50.75
OGTi 32,027.34
12.90M
-0.69%
-223.49
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 85,250.00 88,150.00
80,750.00
-1190.00
-1.38%
BRENT CRUDE 62.51 63.10
61.87
-0.87
-1.37%
RICHARDS BAY COAL MONTHLY 85.00 0.00
0.00
0.25
0.30%
ROTTERDAM COAL MONTHLY 96.25 0.00
0.00
0.15
0.16%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 57.98 58.80
57.38
-1.02
-1.73%
SUGAR #11 WORLD 14.77 14.83
14.56
0.11
0.75%

Chart of the Day


Latest News
November 22, 2025 at 05:28 PM GMT+05:00

MG U9 launches, deliveries start Feb 2026


November 22, 2025 at 02:10 AM GMT+05:00

Weekly Market Roundup


November 21, 2025 at 10:41 PM GMT+05:00

What will PMEX’s NCMCL deal mean for agriculture?


November 21, 2025 at 10:21 PM GMT+05:00

Is the trading app you are using even legal?


November 21, 2025 at 05:02 PM GMT+05:00

PSX Closing Bell: Taking a Step Back



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg