#TariffsPause A tariff pause refers to a temporary suspension or reduction of tariffs placed on imported goods. Govt: may implement a tariff pause to ease economic pressure, reduce costs for consumers and businesses, or improve international trade relations. For example, in April 2025, former President Donald Trump announced a 90-day pause on most U.S. tariffs, reducing them to 10% for many countries. This decision triggered a major rebound in stock markets globally, as investors saw it as a sign of potential trade easing. However, such pauses can be selective; in this case, tariffs on Chinese goods were actually increased, highlighting ongoing tensions.