President Trump Puts a Pause on Reciprocal Tariffs: Hikes China to 125%
Effective immediately, President Trump has put a pause for 90 days on the Reciprocal Tariffs, and has lowered the rate to 10% for all the countries. His reasoning is that those countries did not retaliate in any way to the U.S. Conversely, the rate for China will be raised to 125%, and the President cites China’s lack of respect for the World’s markets.
This information is very current and instructions should follow as to how we will be required to follow these new entry guidelines. Further news will be made available as this situation unfolds.