Then, on Wednesday, Trump put a 90-day pause on tariffs for most countries, except for China, because they didn't "retaliate."

SAUL LOEB / AFP via Getty Images
In a Truth Social post, Trump said, "Based on the lack of respect that China has shown to the World's Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable."

1 year ago
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