Tariffs: Trump approves 90-day pause for countries, increases China rate to 125% President Donald Trump announced a complete pause on all the “reciprocal” tariffs that went into effect at midnight, with the exception of China. Tariffs on China will be increased to 125% from 104%, he said. Trump, in a Truth Social post Wednesday, said he has “authorised a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.” “Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the...