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.
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.
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