# Trump Pauses 'Reciprocal' Tariffs for All Countries Except China

*Author: Bankless*
*Published: Apr 9, 2025*
*Source: https://www.bankless.com/de/read/trump-pauses-reciprocal-tariffs-for-all-countries-except-china*

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President Trump announced a pause on reciprocal tariffs for most countries, maintaining higher tariffs on China amid intensified trade tensions.

## **What’s the Scoop?**
- **Global Relief**: President Trump paused global tariffs, offering relief to global markets and allies by allowing time for new trade negotiations.
- **China Targeted**: Tariffs on China rose to 125%, reflecting heightened trade tensions and criticism of China's economic practices.
- **Market Volatility**: Stock markets rallied, with the S&P 500 surging 7% after Trump eased global tariff fears.
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