WASHINGTON : US President Donald Trump on Wednesday announced a 90-day pause on his reciprocal tariff, just 24 hours after it came into effect, sparking fears of a major trade war, triggering a global market meltdown, and raising concerns of a looming global recession. However, he announced an immediate increase in tariffs on China to 125 per cent, up from the previously declared 104 per cent.
In a post on X, the White House said, “Do not retaliate and you will be rewarded.” The US President said that over 75 countries . . .
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