In a surprise move, President Donald Trump has announced a 90-day pause on tariffs for countries that haven't retaliated against the US, while simultaneously increasing China's tariff rate to 125% effective immediately. The decision comes just days after the introduction of Trump's so-called "reciprocal" tariffs, which have been met with widespread criticism and concern from the global trade community.

The 90-day pause, announced via Trump's social media platform Truth Social, will see a substantially lowered reciprocal tariff of 10% for countries that have not retaliated against the US. This move is seen as an attempt to ease tensions with countries that have been impacted by the tariffs, including Vietnam, which has been hit hard by the steepest tax hikes.

However, China, which has placed tariffs on US goods in recent days, will not be benefiting from this pause. Instead, Trump has increased the tariff rate on Chinese goods to 125%, citing the country's lack of respect for the world's markets. This move is likely to escalate the ongoing trade tensions between the two nations, which have been locked in a trade war for months.

The details of the 90-day pause remain unclear, with questions surrounding whether the 10% tariff will be added to the 10% imposed globally over the weekend. Trump's post also failed to provide clarity on the specific countries that will be exempt from the tariffs, leaving many to wonder about the implications for global trade.

Industry experts have expressed concern about the impact of these tariffs on small businesses and creators, who are already feeling the pinch from the trade war. The move is also likely to have far-reaching implications for the global economy, with many countries already feeling the effects of the trade tensions.

This development is the latest in a series of trade-related announcements from the Trump administration, which has been pushing for a more protectionist trade policy. The move is likely to be met with resistance from trading partners and could lead to further retaliation, exacerbating the trade war.

As the situation continues to unfold, one thing is clear: the global trade landscape is in a state of flux, and the implications of these tariffs will be felt for months to come. Stay tuned for further updates as more information becomes available.