Dean Clay

2 months ago | africasacountry.com | Faisal Ali |Dean Clay |Alex Park |Nicholas Barber

As of April 9, 2025, US President Donald Trump announced a 90-day pause on higher tariffs for over 75 countries, reducing them to a baseline 10% rate, while excluding China, which now faces a sharply increased tariff of 125%. This pause, set to expire on July 4, 2025, offers a temporary reprieve for many nations, allowing for negotiations and potentially stabilizing global markets, although the long-term implications and outcomes remain uncertain.