Part 1/8:
The Art of the Tariff Deal: President Trump's Pause and Its Implications
In a dramatic turn of events in the ongoing trade saga, President Trump has announced a 90-day pause on tariffs for most nations, leading the European Union to likewise hold off on retaliatory tariffs against the U.S. This decision, however, does not extend to China, which faces staggering tariffs of 125% on its goods. This article delves into the motivations behind this pause, the current state of international trade negotiations, and the potential repercussions of such policies.