‘Lack of respect’: Trump hits China with 125% tariffs, announces 90-day pause for over 75 countries - Business News, Finance News, Share Market News - Market trendz

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Thursday, 10 April 2025

‘Lack of respect’: Trump hits China with 125% tariffs, announces 90-day pause for over 75 countries


US President Donald Trump has announced a 125% tariff on Chinese goods, citing China’s 'lack of respect' toward global markets. In contrast, he declared a 90-day pause on reciprocal tariffs for over 75 other countries that haven’t retaliated, during which a reduced 10% tariff will apply. Trump made the declaration via Truth Social, framing it as a bold push for fair trade.

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