US Edition
Trump's Tariffs Explained as the 90-Day Pause Set to End Next Week
UNITED STATES, JUL 01 – President Trump's 90-day tariff pause ends with only a few limited trade agreements while toy prices rose 2.2% from April to May, signaling broader consumer cost increases, experts say.
- President Donald Trump announced the end of the 90-day tariff pause is approaching on July 9, with tariffs set to resume in the U.S.
- The pause followed initial tariff chaos in April, and upcoming tariff actions reflect ongoing, uncertain trade talks with major partners like China, the EU, and Vietnam.
- Trump's sweeping reciprocal tariffs have caused sharp market reactions, and experts warn resumed tariffs could increase consumer prices and inflation.
- Economists estimate tariffs could raise U.S. consumer prices by 1.5% to 2.3% this year, adding about $3,800 in household expenses and signaling potential broader economic impacts.
- While some anticipate further trade agreements, uncertainty persists, and Trump's credibility and the ultimate tariff outcomes remain in question amid possible short-term tariff escalations.
38 Articles
38 Articles
'It's all fake': Trump aide says the quiet part out loud about this 'theatrical' policy
In April, President Donald Trump promised 90 trade deals in 90 days after he rolled out his so-called "Liberation Day" tariffs. But even though Trump has only secured one agreement so far (a tentative framework with the United Kingdom) with that 90-day window closing next week, he's shown no signs of concern.One unnamed White House aide recently confided to Politico that Trump views international trade more as gamesmanship rather than an earnest…
CGTN poll on U.S. 'reciprocal tariff' policy
As the July 9 deadline approaches for the expiration of the United States' temporary suspension of "reciprocal tariffs," relevant countries are engaged in painstaking negotiations with the United States. Please answer these questions and share your
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