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President Trump Approves 90-Day Tariff Pause for Trade Allies

  • The announcement includes a temporary reduction in the Reciprocal Tariff rate to 10% during this period, aimed at easing tensions and encouraging economic collaboration.
  • The decision is part of a broader strategy to foster goodwill and make progress in trade disputes with allies.
  • While the temporary pause is welcomed by U.S. allies and global markets, some critics argue it may weaken leverage for tougher concessions.
  • Further updates are expected as negotiations continue.

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