US President Trump suspends reciprocal tariffs for 90 days, paving the way for negotiations

 
 

NDO – On April 9, US President Donald Trump announced the postponement of counterpart tax on 90 days for goods imported from nearly 60 countries and European Union (EU), and increased taxes on Chinese goods to 125%.

US President Donald Trump announced a 90 -day taxponation for goods from nearly 60 countries and EU, but increased taxes to 125% for Chinese goods.

This move took place after the global financial market plunged, and opened up negotiations for trading partners, including Vietnam.

 

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