In a recent announcement, U.S. Treasury Secretary Scott Bessent revealed a 90-day pause on tariffs for 75 countries, citing a “processing problem” that needs to be addressed. Bessent stated that President Trump wants to personally oversee the negotiations with these countries, which is why the pause has been implemented. He urged countries not to retaliate and assured them that they will be rewarded for their cooperation. Additionally, Bessent mentioned that any country willing to negotiate will face a baseline tariff of 10 per cent.
However, the treasury secretary also revealed that tariffs on China will be raised to 125 per cent due to their unwillingness to de-escalate the situation. He attributed this decision to President Trump’s aim to create negotiating leverage with China. This announcement comes amidst ongoing trade tensions between the U.S. and China, with both countries imposing tariffs on each other’s goods.
Overall, the pause on tariffs for 75 countries and the increase in tariffs for China showcase the Trump administration’s approach to trade negotiations. The willingness to negotiate with countries that are willing to cooperate, coupled with the firm stance on China, demonstrates the complexity of international trade relations in the current political climate. President Trump’s involvement in the negotiations highlights the importance placed on trade policies by the administration.
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Video “Trump pauses “reciprocal” tariffs on 75 countries, but raises China rate to 125%” was uploaded on 04/09/2025 to Youtube Channel Global News