President Trump Raises Chinese Tariff Rate to 125%, Triggers 90-Day Pause and Baseline 10% For Every Other Nations

By Sundance

The first part of this announcement is clear, Chinese tariffs are now raised to 125% effective immediately. The latter part of this announcement is less clear; however, it appears that all other trading nations have their reciprocal tariffs lowered to 10% for a period of 90-days.

“Based on the lack of respect that China has shown to the World’s Markets, …