In a recent announcement, Donald Trump revealed that he will be suspending tariffs on most countries for a period of 90 days, except for China, where he plans to increase tariffs. This decision comes amidst a market meltdown and growing concerns from economists about the impact of these tariffs on the global economy. Market participants have been advocating for a reduction in tariffs, fearing that they could potentially lead to a worldwide economic downturn and result in increased prices for consumers. Trump’s move to temporarily ease tariffs on other countries while taking a tougher stance on China reflects the ongoing trade tensions between the two economic giants. The implications of these tariffs and their effects on the global market will continue to be closely monitored in the coming months.