Trump Raises Tariffs on China to 125%, Grants 90-Day Tariff Reprieve to Other Nations 🤝

President Donald Trump has announced a significant increase in tariffs on China, raising them to 125% in response to China’s retaliatory measures. Simultaneously, he declared a 90-day reprieve on reciprocal tariffs for other countries that have not engaged in retaliatory actions against the U.S. 🌎

Key Points:

• Tariff Hike on China: Tariffs on Chinese goods are immediately raised to 125%. 📈
• Reasoning: Trump cited China’s lack of respect for the world market as the basis for the tariff increase. 🤔
• Hope for the Future: He expressed hope that China will realize the days of exploiting the U.S. and other countries are over. 🤞
• 90-Day Reprieve: Over 75 countries that have engaged with the U.S. to address trade issues without retaliation will receive a 90-day grace period. ⏳
• Reduced Tariffs: These countries will benefit from a significant reduction in reciprocal tariffs, set at 10% during the reprieve. ✅

Trump conveyed these decisions via a post on his social media platform, Truth Social, emphasizing the importance of fair trade practices and mutual respect in international commerce. 💼

This move aims to recalibrate trade relationships and encourage more equitable dealings on the global stage. 🌍