President Trump puts 90 day pause on most reciprocal tariffs, raises tariff on China

NOW: President Trump puts 90 day pause on most reciprocal tariffs, raises tariff on China
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WASHINGTON, D.C. -- President Donald Trump announced via Truth Social that he has put a 90 day pause and lowered reciprocal tariffs for over 75 countries.

Trump says the reciprocal tariffs are being lowered to 10 percent immediately.

Trump stated China is not included in the pause and their tariff is being raised to 125 percent effective immediately.

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