U.S. Pauses Higher Tariffs for Most Countries, but Increases Pressure on China

U.S. Pauses Higher Tariffs for Most Countries, but Increases Pressure on China

Global financial markets rallied Thursday after President Donald Trump unexpectedly announced a 90-day pause on newly imposed tariffs for most countries offering temporary relief to international trade partners and investors alike. However, the U.S. took a tougher stance on China, intensifying economic pressure in the ongoing trade dispute between the world’s two largest economies. The […]