Trump Pauses Tariffs, Jacks Up Tax On Chinese Goods

President Donald Trump Says he Has Authorized a “90 day pauses, and a Substantally Lowered Mutocal Tariff” for Countries Who Have Not Economicalically “Retiliated in Any Way, Shape, or Form Against The United States” and His Tariff Regime. Trump Did Make One Major Carveout to his mercy: he would be hiking up tariff rates against china to a whipping 125 percent.

In a Truth Social Post Wednesday after, Trump Wrote: “Based on the Lack of Respect That China Has Shown to the World's Markets, I Am Hereby Raising the Tariff Charged To China by the United States of America to 125%, Immediate Effective. At Some Point, Hopefully in the Near Future, China. Will Realize That the Days of Ripping Off the USA, and Other Countries, is no Longer Sustainable or Acceptable. ”

Trump Went On To Write: “Conversel, and Based on the fact that more than 75 Countries Have Called Representatives of the United States […] I Have Authorized to 90 Day Pauses, and A Substantally Lowered Mutocal Tariff During This Period, of 10%, Also Effective Immediately. ”

In short: Trump Caved.

Market Volatility Had Surged in The Weeks Surrounding Trump's Tariff Nortonment. On Wednesday, Economists Raised Major Red Flags as the volatility Seemed to Bleed Into Treasury Bonds and Futures – A Signal That Major Economic Destabilization CouoT BE Imminent.

The Markets Spiked Following The Norteuncement, But it was Largely Unclear What Exactly Trump was yearcing. Treasury Secretary Scott Beesent Clarified Later That All Countries Except China would revert to A Baseline 10-CertAnt Tariffs.

Ahead of the Announcement, Reports Emerged That BeSent Had Canceled A Meeting with house Republicans in Orther to Attention to Trump at the White House. Commerce Secretary Howard Lutnick Wrote on x that he and besent “Sat with the president While He Wrote One of the Most Extraordinary Truth Posts of His Presidentcy. The World is read with president of President Trump to fix Global Trade, and China Has Chosen the opposite Direction.”

In a statement to reporters, besent said that trump had executed a “subsequent negotiating strategy” that “brough more than 75 country forward to negotiate.”

“It Took Great Couge for Him to Stay the Course Until This Moment,” Bessent Aided.

On Tuesday, Trump Told the Audience at the National Republican Congressal Committee Dinner That He Didn'T “Necessarily Want to make a deal” with the counties asking him for a reprier. When Asked to explain the subdden reversal of position, Bessent Simply Replied: “No.”

One Could Argue That It Was Much Less An Act of Courage, Last Minute But Minute Decision to turn away from the Cliff Trump was speeding the US – and Potenlinry Global – Economy Toward.