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90-Day-Pause-on-Select-Tariffs

Trump Announces 90-Day Pause on Select Tariffs Amid Ongoing Trade Actions

04/10/2025
Businesspeople shaking hands, symbolizing a trade agreement or negotiation impacted by increased tariffs. - Supply Chain News

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Compos Mentis Legal Practitioners, a leading Nigerian law firm with offices in Warri, Lagos, and Abuja, continues to set new standards in legal service delivery through innovation, strategic thinking, and a commitment to global best practices. Established in 2007, the firm has grown into a trusted name in dispute resolution, debt recovery, intellectual property, medical law, and corporate advisory. The firm holds the distinction of being the first Nigerian law firm certified to the ISO 9001:2015 standard, reflecting its dedication to quality management, transparency, and client satisfaction. This milestone reinforces Compos Mentis LP’s role as a trailblazer in legal professionalism, setting a benchmark for excellence across Nigeria and beyond. At the heart of the firm’s innovation strategy is Consultus Lawyer, a proprietary digital platform that allows clients—both local and international—to access legal services remotely. Through this platform, the firm provides affordable, high-quality support in a wide range of legal matters, including cross-border disputes and advisory services. Flexible pricing models ensure accessibility for diverse clients, including government agencies, public institutions, community trust boards, individuals, and small enterpr In 2024–2025, the firm recorded an 87.5% success rate across 24 litigation cases, a testament to its rigorous preparation and expert legal strategy. The firm's consistent results and sectoral expertise have been recognized through numerous accolades, including the Dispute Resolution Law Experts of the Year in Nigeria – 2025 by Global Law Experts and the Regional Law Firm of the Year at the 2024 ESQ Legal Awards. Compos Mentis LP has also earned multiple Mondaq Awards in 2024 and 2025 for its contributions to legal thought leadership, particularly in intellectual property and immigration law. These recognitions underscore the firm’s ability to blend deep legal insight with a forward-thinking approach to knowledge sharing. Beyond its commercial achievements, Compos Mentis LP is deeply committed to social responsibility. The firm provides pro bono legal services to indigent individuals and supports host communities in the Niger Delta with legal representation and governance advisory. It also invests in talent development, fostering the next generation of legal professionals through mentorship and continuous learning opportunities. As Compos Mentis LP expands its reach and digital capabilities, it remains grounded in its core values: excellence, access to justice, and service to the community. With a proven track record, global outlook, and commitment to legal empowerment, the firm is positioned as a leader in Nigeria’s evolving legal landscape. To learn more, visit: https://compos-mentis.com #ComposMentis #LegalInnovation #DisputeResolution #AccessToJustice #ConsultusLawyer #ISO9001Certified #RuleOfLaw #NigeriaLegal #LawFirmOfTheYear #GlobalLegalStandards

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Trump Announces 90-Day Pause on Select Tariffs Amid Ongoing Trade Actions

by Mich M.
04/10/2025
in Tariffs & Duties

On Wednesday, U.S. President Donald Trump announced a 90-day pause on certain tariffs affecting a wide range of global trading partners. The decision temporarily reduces tariff rates on many imported goods while raising others, most notably those from China. The move comes amid recent financial market volatility and follows a series of rapid policy changes in the administration’s trade approach.

Key Details of the Tariff Pause
Under the new policy, many goods imported from a broad group of countries will be subject to a 10% tariff for the next 90 days. This includes a pause on higher reciprocal tariffs for 57 trading partners—among them the European Union, Japan, and South Korea—who will now face the baseline 10% rate during this period. For other countries, including Brazil, Australia, the United Kingdom, and Colombia, the 10% tariff introduced on April 5 will continue unchanged during the 90-day window.

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China Tariffs Increased to 125%
In contrast to the general tariff easing, duties on Chinese goods have been significantly increased. Following a series of escalating tariff measures between the U.S. and China, the Trump administration raised tariffs on Chinese imports to a total of 125% since taking office. This includes newly announced increases in response to China’s own tariff actions.

Canada and Mexico Not Included in Pause
The tariff pause does not extend to Canada and Mexico. Goods from these countries remain subject to 25% tariffs linked to fentanyl-related enforcement unless they meet the rules of origin requirements under the U.S.-Mexico-Canada Agreement (USMCA). Products compliant with USMCA provisions continue to be exempt from these duties.

Auto and Metal Tariffs Unaffected
Tariffs of 25% on steel and aluminum, introduced in March, and on automobiles, which began on April 3, remain in effect. A separate 25% tariff on auto parts is scheduled to take effect on May 3.

Sector-Specific Exemptions Continue
Several sectors remain excluded from the broad tariff measures, including copper, lumber, semiconductors, pharmaceuticals, and critical minerals. While currently exempt, these sectors may be reviewed in upcoming trade investigations, which could result in new duties. Energy products such as oil and gas also remain exempt under the current order.

Stay informed on supply chain news at The Supply Chain Report. Free international trade tools are at ADAMftd.com.

#Tariffs #TradePolicy #GlobalTrade #USChinaTrade #ImportDuties #InternationalTrade #TradeAgreements #SupplyChainImpact #EconomicPolicy #TradeNews

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