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Trump Announces 90-Day Tariff Suspension for Most Countries, Increases Tariffs on China to 125% – One America News Network


NEW YORK, NEW YORK - APRIL 03: Stock market figures are displayed on the trading floor of the New York Stock Exchange during the morning of April 03, 2025 in New York City. The stock market reacted negatively to U.S. President Donald Trump's announcement of significant tariffs starting at 10%, and potentially higher for select countries. At the market open, the Dow saw a drop of 1,500 points, the S&P 500 fell by 4%, and the Nasdaq Composite decreased by 5%. (Photo by Michael M. Santiago/Getty Images)
Stock market figures displayed on the trading floor of the New York Stock Exchange during the morning of April 03, 2025, in New York City. Following President Donald Trump’s announcement regarding extensive tariffs, the market showed declines across all three major stock indexes. (Photo by Michael M. Santiago/Getty Images)

OAN Staff Blake Wolf
11:08 AM – Wednesday, April 9, 2025

On Wednesday, President Donald Trump declared a temporary freeze on reciprocal tariffs for 90 days to facilitate trade negotiations with numerous countries. However, he specified that China will be excluded from this pause, citing a “lack of respect.”

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President Trump announced a suspension for over 75 nations, noting their readiness to discuss trade matters, along with a tariff increase on Chinese imports that is “effective immediately.”

“Due to the lack of respect demonstrated by China towards global markets, I am raising the tariff for China to 125%, effective immediately. I hope that at some point in the near future, China will recognize that the days of exploiting the U.S.A. and other countries are over,” Trump stated in a post on Truth Social.

“In contrast, as more than 75 countries have reached out to U.S. representatives, including the Departments of Commerce, Treasury, and USTR, seeking to negotiate solutions regarding trade issues, tariffs, and currency manipulation – and as these nations have refrained from retaliatory measures against the United States – I have sanctioned a 90-day PAUSE, accompanied by a significantly reduced reciprocal tariff of 10%, also effective immediately,” he added.

The announcement of economic relief for international markets is a welcomed change following a staggering loss of over $5 trillion in the S&P 500 linked to President Trump’s reciprocal tariff strategy.

This story is developing. Please check back for updates.

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