Trump claims ‘China wants to make a deal’ after raising tariffs to 125%, while 90-day pause for most countries sparks market surge
- Trump pauses plans to hike US tariffs on most countries except China
- ‘I know what I’m doing,’ says Trump before pausing tariffs
- Full list of Trump tariffs: a country-by-country look
Today’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.
US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners.
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