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April 9, 2025executivetariffsChina competitionexecutive trade authoritymarket volatilitytrade policyexecutive powerChina

Trump pauses many reciprocal tariffs while escalating tariff pressure on China

Trump modified the reciprocal tariff program, pausing many country-specific rates while sharply escalating pressure on China. The reversal showed how public messaging and executive orders were being used together to move markets and rewrite trade policy quickly.