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Trump Tariffs LIVE: Trump tariffs on China now 145%, White House Says | Vantage with Palki Sharma
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LIVE: Trump Pauses High Tariffs for 90 Days for All Nations Except China | Vantage with Palki Sharma | N18G

US President Donald Trump has announced a 90-day pause on "retaliatory" tariffs for over 75 countries, merely 12 hours after his 'Liberation Day' tariffs came into effect. He has now kept a baseline tariff of 10% for all the nations that reached out to the US, seeking a trade deal. Trump has, however, escalated the trade war with China, and has imposed a 125% tariff on Beijing. This came after China imposed an 84% tariff on US, in retaliation to Trump's earlier-announced 104% tariffs on China. Trump had initially levied a total 54% tariff on Beijing, which was quick to retaliate with a 34% tariff on the US.
Almost four hours before formally announcing the tariff pause on Wednesday, Trump had posted on his social media platform Truth Social: "This is a great time to buy!" This sent the stock market shooting up, which had been largely plunging since 'Black Monday'. But the traders still seem uncertain, with the markets still shaking on Thursday. The White House has maintained that this 90-day period shall be used to secure trade deals with US trade partners.
Meanwhile, the tariffs on Canada and Mexico, along with the 25% import tax on automobiles, still remain unchanged as they were not part of Trump's April 2 'Liberation Day' tariff plan.

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Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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