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 173,535.94
611.95M
2.13%
3623.99
ALLSHR 103,622.72
1,281.74M
2.22%
2248.11
KSE30 52,672.48
308.45M
2.33%
1199.32
KMI30 250,014.49
203.20M
1.61%
3958.17
KMIALLSHR 67,385.15
633.53M
1.80%
1189.67
BKTi 48,418.60
174.33M
3.91%
1821.53
OGTi 36,059.72
22.77M
2.44%
857.98
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 75,255.00 76,545.00
74,645.00
-255.00
-0.34%
BRENT CRUDE 96.44 98.98
95.57
-2.95
-2.97%
RICHARDS BAY COAL MONTHLY 103.25 103.25
103.25
0.00
0.00%
ROTTERDAM COAL MONTHLY 102.95 102.95
102.95
0.00
0.00%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 87.92 90.34
87.02
-3.25
-3.56%
SUGAR #11 WORLD 13.67 13.89
13.65
-0.13
-0.94%

Chart of the Day


Latest News
April 17, 2026 at 03:46 PM GMT+05:00

PKR rally hits 141 straight gains against USD


April 17, 2026 at 03:24 PM GMT+05:00

Gold price in Pakistan falls Rs3,300 per tola


April 17, 2026 at 03:03 PM GMT+05:00

Oil drops on Israel-Lebanon ceasefire


April 17, 2026 at 02:42 PM GMT+05:00

Habib Bank declares Rs6/share dividend in Q1FY26


April 17, 2026 at 02:41 PM GMT+05:00

OMO Result: SBP injects Rs13.5tr into Market



Top 5 things to watch in this week

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