The Trump administration has temporarily suspended planned tariffs on various countries for 90 days. However, this does not apply to China, and a 10% tariff on all imports remains.
This decision follows concerns over escalating trade tensions and the negative impact on markets and businesses. Even within the Republican Party, there is growing criticism of Trump's protectionist policies. This situation displays the use of a carrot-and-stick approach.
Despite the temporary tariff suspension, the trade conflict with China remains a central focus of the Trump administration's trade policy.