{"id":47408,"date":"2025-04-10T07:37:27","date_gmt":"2025-04-10T11:37:27","guid":{"rendered":"https:\/\/newssprinters.com\/index.php\/world\/trump-tariffs-live-updates-markets-rise-after-trump-pauses-most-tariffs\/10\/04\/2025\/"},"modified":"2025-04-10T07:37:27","modified_gmt":"2025-04-10T11:37:27","slug":"trump-tariffs-live-updates-markets-rise-after-trump-pauses-most-tariffs","status":"publish","type":"post","link":"https:\/\/newssprinters.com\/index.php\/world\/trump-tariffs-live-updates-markets-rise-after-trump-pauses-most-tariffs\/10\/04\/2025\/","title":{"rendered":"Trump Tariffs Live Updates: Markets Rise After Trump Pauses Most Tariffs"},"content":{"rendered":"

\n<\/p>\n

Since re-entering office, President Trump has issued a flurry of tariffs in an effort to rewire the global economy.<\/p>\n

At 12:01 a.m. Eastern time on Wednesday, his most aggressive moves yet took effect, imposing double-digit rates on dozens of countries. About 13 hours later, he said he would halt implementation of those tariffs<\/a> for the next 90 days, citing new talks with foreign nations on trade. <\/p>\n

\n

Mr. Trump kept new tariffs on China in place and he said he would raise them even further, to a total of 125 percent, after Beijing announced a new round of retaliation<\/a>.<\/p>\n

The growing trade tensions have created extreme volatility in financial markets. Economists have been worrying that the United States could slip into recession, especially if tariffs escalate.<\/p>\n

Who pays for tariffs, and where does the money go?<\/h2>\n

A tariff is a government surcharge on products imported from other countries.<\/p>\n

Tariffs are paid by the companies that import the goods. The revenue from U.S. tariffs is paid by U.S. importers to the U.S. Treasury Department.<\/p>\n

For example, if Walmart imports a $100 shoe from Vietnam \u2014 which faces a 46 percent tariff \u2014 Walmart will owe $46.00 in tariffs to the U.S. government.<\/p>\n

What happens next?<\/p>\n

    \n
  • \n

    Walmart could try to force the cost onto the Vietnamese shoe manufacturer, by telling it Walmart will pay less for the product.<\/p>\n<\/li>\n

  • \n

    Walmart could cut into its own profit margins and absorb the cost of the tariff.<\/p>\n<\/li>\n

  • \n

    Walmart could raise the price of the shoes at its stores.<\/p>\n<\/li>\n

  • \n

    Or, some combination of the above.<\/p>\n<\/li>\n<\/ul>\n

    Economists found that, when Mr. Trump put tariffs on China in his first term, most of that cost was passed on to consumers. But economic studies found that his tariffs on foreign steel were a bit different; only about half of those costs were passed on to customers.<\/p>\n

    Why is Trump imposing tariffs?<\/h2>\n

    Mr. Trump\u2019s point of view appears to be that any trade deficit \u2014 the value of goods the U.S. imports from a country, minus what the U.S. sends it as exports \u2014 is bad. He has long described bilateral trade deficits as examples of America being \u201cripped off\u201d or \u201csubsidizing\u201d other countries.<\/p>\n

    \n
    \n
    \n

    America\u2019s Trade Deficits<\/span> and Surpluses<\/span> With Other Countries<\/p>\n