Trump news at a glance: Trump pulls back on global tariffs but slaps China with 125%


Source: theguardian.com theguardian.com

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Donald Trump announced a 90-day pause on tariffs for most countries except China, whose tariffs he raised to 125% on Wednesday. After insisting for days that he would hold firm on his aggressive trade strategy, Trump announced that all countries that had not retaliated against US tariffs would receive a reprieve – and only face a blanket US tariff of 10% – until July. Asked why he had ordered the pause, the US president told reporters: “People were jumping a little bit out of line. They were getting yippy.” Catching up? Here’s what happened on 9 April.