Weekly Market Highlights - Market Relief as Retaliatory Tariff Pause Announced

11 April 2025Macro/TradFiThe reciprocal tariffs that went into effect on Wednesday are now paused for 90 days, except for China which remains at 125%. The baseline 10% tariff that went into effect on 5 April will remain in place. China’s finance ministry announced an 84% tariff on goods imported from the US in response to the US retaliatory tariffs. The European Commission announced on 10 April that the European Union will match the US 90-day pause on tariffs, delaying its first tranche of retaliatory duties on US goods source: https://www.binance.com/en/square/post/22768139475002?utm_source=BinanceNewsRSS