President Trump Approves 90-Day Tariff Pause for Trade Allies
In a major move aimed at boosting ongoing international trade negotiations, President Trump has authorized a 90-day pause on tariffs for over 75 countries currently engaged in cooperative trade talks with the United States.
During this period, a substantially lowered reciprocal tariff rate of 10% will be in effect. This decision comes in response to outreach from numerous nations seeking to negotiate trade agreements with the United States.
However, China is notably excluded from this tariff suspension. President Trump has raised tariffs on Chinese imports to 125%, citing China’s “lack of respect” for global markets. This move has prompted immediate retaliation from Beijing, escalating trade tensions between the two economic powerhouses.
The implementation of these tariffs has had significant repercussions on global financial markets. Major indices have experienced volatility, with sharp declines in European and Asian stock markets. Oil prices have also fallen below $60 per barrel, and U.S. Treasury yields have spiked amid a bond sell-off, raising concerns about a potential recession.
Economists and business leaders have expressed apprehension regarding the potential for a severe economic downturn. Billionaire hedge fund manager Bill Ackman warned of an “economic nuclear winter,” urging a 90-day suspension of recent U.S. tariffs to prevent a significant market downturn.
In response to these developments, several countries, including members of the European Union, have initiated retaliatory measures. The EU has approved retaliatory tariffs worth €21 billion on U.S. goods, while other nations are seeking negotiations to mitigate the impact of the U.S. tariffs.
The Trump administration maintains that these tariff measures are necessary to address longstanding trade imbalances and to promote fair trade practices. Treasury Secretary Scott Bessent indicated that negotiations with countries like Japan, South Korea, and India are ongoing, suggesting a potential path toward easing tensions.
As the 90-day pause takes effect, the global community will be closely monitoring the outcomes of the forthcoming trade negotiations and their implications for international economic stability.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
