AssetID: 54658080
Headline: UNCAPTIONED: Trump Pauses Tariffs for Allies, Escalates Trade War With China
Caption: Trump Pauses Tariffs for Allies, Escalates Trade War With China. President Trump has announced a 90-day pause on new U.S. tariffs for dozens of countries—just hours after sweeping import taxes took effect. While most nations will see a reduced 10% tariff, Trump dramatically raised duties on Chinese goods to 125% accusing Beijing of disrespect after it retaliated with its own 84% tariffs on American imports. The move follows last week’s announcement of blanket import taxes—the biggest trade shake-up in decades targeting countries like the EU, Vietnam, and South Africa. The tariffs triggered global market chaos and fears of recession. But markets bounced back fast. After the partial pause was revealed, U.S. stocks soared, with the S&P 500 jumping nearly 10%. Trump said on Truth Social that countries that hadn’t retaliated would benefit from the delay—but China, he warned, must stop “ripping off” the U.S. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,US President,Donald Trump,90-day,pause,tariffs,blanket,10%,all countries,China,exception,125%,retaliation,Chinese goods,entering,United States,accused,Beijing,disrespect,raised,duties,tariff war,imports,Europe,Vietnam,South Africa,global market,chaos,stock exchange,rocked,fears,recession,bounced back
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