Free Republic

President Donald Trump on Wednesday announced a 90-day pause on the full effect of his new tariffs for at least some countries. Trump also said in a social media post that he was raising the tariffs imposed on imports from China to 125% “effective immediately” due to the “lack of respect that China has shown to the World’s Markets.” Trump credited his decision to pause the full effect of tariffs on the fact that “more than 75 Countries” have contacted U.S. officials “to negotiate a solution” to trade concerns that he raised in imposing the new duties.

President Donald Trump on Wednesday is rallying the world against China, hitting the adversary with increased tariffs effective immediately while instituting a 90-day pause and “substantially lowered Reciprocal Tariff during this period” for other countries that have reached out to negotiate rather than retaliate.“Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately,” Trump announced Wednesday on Truth Social.Trump said he hopes at some point China will realize its days of ripping off the United States of...