World

Donald Trump announces 90-day pause on implementation of tariffs

US president raises tariff rate for China to 125%, effective immediately

Trump plans to visit Saudi Arabia in May to sign an investment agreement in what will be the first foreign trip of his second term, with stops also planned in Qatar and the UAE.
Trump plans to visit Saudi Arabia in May to sign an investment agreement in what will be the first foreign trip of his second term, with stops also planned in Qatar and the UAE. (WIN MCNAMEE/GETTY IMAGES / File photo )

US President Donald Trump said on Wednesday he had authorised a 90-day pause as part of his tariff plan but was also raising the tariff rate for China to 125%, effective immediately.

Reuters

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