{"id":53297,"date":"2025-04-09T17:11:08","date_gmt":"2025-04-09T21:11:08","guid":{"rendered":"https:\/\/bnonews.com\/?p=53297"},"modified":"2025-04-09T17:11:09","modified_gmt":"2025-04-09T21:11:09","slug":"trump-lowers-tariffs-for-most-countries-to-10-raises-chinas-to-125","status":"publish","type":"post","link":"https:\/\/bnonews.com\/index.php\/2025\/04\/trump-lowers-tariffs-for-most-countries-to-10-raises-chinas-to-125\/","title":{"rendered":"Trump lowers tariffs for most countries to 10%, raises China\u2019s to 125%"},"content":{"rendered":"\n<p>President Donald Trump abruptly rolled back newly enacted tariffs for most U.S. trading partners on Wednesday, announcing a temporary 90-day reduction to a flat 10% rate to allow for negotiations\u2014while simultaneously hiking duties on Chinese imports to 125% amid rising trading tensions.<\/p>\n\n\n\n<p>The announcement, which came hours after dozens of countries were hit with steep \u201creciprocal tariffs\u201d overnight, sent U.S. financial markets soaring. The S&amp;P 500 rose 9.5% by the close of trading, its largest single-day gain in five years, according to <a href=\"https:\/\/www.cnbc.com\/2025\/04\/09\/trump-announces-90-day-tariff-pause-for-at-least-some-countries.html\">CNBC<\/a>, reversing sharp losses seen since last week.<\/p>\n\n\n\n<p>Trump said more than 75 countries have reached out since he unveiled the sweeping trade overhaul last week, prompting what he described as a pause to encourage dialogue. \u201cEvery country in the world wants to come and negotiate,\u201d Treasury Secretary Scott Bessent said, adding that the United States \u201cis willing to hear you.\u201d<\/p>\n\n\n\n<p>The move does not apply to all sectors. According to U.S. officials, existing tariffs on autos, steel, and aluminum will remain unchanged, as will trade preferences for Canada and Mexico under USMCA. Non-compliant goods from those countries remain subject to the broader tariff structure of 25%.<\/p>\n\n\n\n<p>The reduction to a 10% baseline marks a shift from the elevated, country-specific duties that <a href=\"https:\/\/bnonews.com\/index.php\/2025\/04\/country-specific-u-s-tariffs-take-effect-including-104-duty-on-china\/?swcfpc=1\">went into effect<\/a> at 12:01 a.m. ET. Just hours later, Trump took to social media to announce a major escalation in tariffs on Chinese imports, raising the rate from 104% to 125%, citing Beijing\u2019s \u201clack of respect\u201d for international markets.<\/p>\n\n\n\n<p>China had earlier responded to the U.S. measures with its own tariff hike, raising import duties on American goods to 84%. In a statement, China\u2019s Ministry of Commerce called the U.S. move a \u201ctypical unilateral bullying practice,\u201d warning that the trade conflict could spiral further if Washington continued down its current path.<\/p>\n\n\n\n<p>The tariff standoff between the world\u2019s two largest economies has fueled growing concerns of a prolonged global trade war. Economists have warned the measures could disrupt supply chains, raise consumer prices, and dampen international growth.<\/p>\n\n\n\n<p>The White House insists the goal is fairness, not conflict. \u201cDo not retaliate and you will be rewarded,\u201d Bessent said. \u201cWe are going down to a 10% baseline tariff for them, and China will be raised to 125% due to their insistence on escalation.\u201d<\/p>\n\n\n\n<p>The broader trade overhaul began on April 2 with Trump\u2019s executive order imposing reciprocal tariffs on countries that maintain barriers against U.S. goods. While the administration refers to the new duties as \u201ckind reciprocals\u201d\u2014roughly half the rate of foreign tariffs\u2014many trading partners were hit with double-digit hikes.<\/p>\n\n\n\n<p>Countries including Vietnam (46%), Taiwan (32%), the European Union (20%), and Lesotho (50%) were among those affected. The measures, which apply to nearly every nation worldwide, represent one of the most significant shifts in U.S. trade policy in decades.<\/p>\n\n\n\n<p>While U.S. markets rallied on Trump\u2019s reversal, business leaders and investors remain wary. \u201cIt\u2019s unclear how long this window for negotiations will last,\u201d one analyst told CNBC. \u201cThere\u2019s always the risk that today\u2019s reprieve could be tomorrow\u2019s escalation.\u201d<\/p>\n\n\n\n<p>Still, the administration maintains that the strategy is working. \u201cThis was his strategy all along,\u201d Bessent said Wednesday. \u201cPresident Trump has always wanted to bring everyone to the table\u2014but on America\u2019s terms.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump abruptly rolled back newly enacted tariffs for most U.S. trading partners on Wednesday, announcing a temporary 90-day reduction to a flat 10% rate to allow for negotiations\u2014while simultaneously hiking duties on Chinese imports to 125% amid rising trading tensions. The announcement, which came hours after dozens of countries were hit with steep [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":53298,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4,2,3],"tags":[15,101,3242,151],"class_list":["post-53297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-usnews","category-world","tag-featured","tag-trump-administration","tag-trump-administration-tariffs","tag-united-states"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump lowers tariffs for most countries to 10%, raises China\u2019s to 125% - BNO News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bnonews.com\/index.php\/2025\/04\/trump-lowers-tariffs-for-most-countries-to-10-raises-chinas-to-125\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump lowers tariffs for most countries to 10%, raises China\u2019s to 125% - BNO News\" \/>\n<meta property=\"og:description\" content=\"President Donald Trump abruptly rolled back newly enacted tariffs for most U.S. trading partners on Wednesday, announcing a temporary 90-day reduction to a flat 10% rate to allow for negotiations\u2014while simultaneously hiking duties on Chinese imports to 125% amid rising trading tensions. The announcement, which came hours after dozens of countries were hit with steep [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bnonews.com\/index.php\/2025\/04\/trump-lowers-tariffs-for-most-countries-to-10-raises-chinas-to-125\/\" \/>\n<meta property=\"og:site_name\" content=\"BNO News\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/bnonews\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-09T21:11:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-09T21:11:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bnonews.com\/wp-content\/uploads\/2025\/04\/FilePhotoCustoms.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Carlos Robles\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@bnonews\" \/>\n<meta name=\"twitter:site\" content=\"@bnonews\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carlos Robles\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bnonews.com\/index.php\/2025\/04\/trump-lowers-tariffs-for-most-countries-to-10-raises-chinas-to-125\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bnonews.com\/index.php\/2025\/04\/trump-lowers-tariffs-for-most-countries-to-10-raises-chinas-to-125\/\"},\"author\":{\"name\":\"Carlos Robles\",\"@id\":\"https:\/\/bnonews.com\/#\/schema\/person\/0a2ca734b9c5688c0e2d40fe6f33add1\"},\"headline\":\"Trump lowers tariffs for most countries to 10%, raises China\u2019s to 125%\",\"datePublished\":\"2025-04-09T21:11:08+00:00\",\"dateModified\":\"2025-04-09T21:11:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bnonews.com\/index.php\/2025\/04\/trump-lowers-tariffs-for-most-countries-to-10-raises-chinas-to-125\/\"},\"wordCount\":549,\"publisher\":{\"@id\":\"https:\/\/bnonews.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/bnonews.com\/index.php\/2025\/04\/trump-lowers-tariffs-for-most-countries-to-10-raises-chinas-to-125\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bnonews.com\/wp-content\/uploads\/2025\/04\/FilePhotoCustoms.jpg\",\"keywords\":[\"featured\",\"Trump administration\",\"Trump administration tariffs\",\"United States\"],\"articleSection\":[\"Business\",\"US News\",\"World\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bnonews.com\/index.php\/2025\/04\/trump-lowers-tariffs-for-most-countries-to-10-raises-chinas-to-125\/\",\"url\":\"https:\/\/bnonews.com\/index.php\/2025\/04\/trump-lowers-tariffs-for-most-countries-to-10-raises-chinas-to-125\/\",\"name\":\"Trump lowers tariffs for most countries to 10%, raises China\u2019s to 125% - 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