Trump increases tariff on China because it retaliated against United States.
On Wednesday, President Donald Trump announced a 90-day pause on the enforcement of retaliatory tariffs against 75 countries that chose not to impose tariffs on American goods. Simultaneously, he lowered U.S. reciprocal tariffs on imports from those countries to 10 percent.
The policy shift brings welcome relief to U.S. seafood importers, particularly those who depend on shrimp and other products from nations previously affected by the tariffs. However, the decision also adds another layer of uncertainty to the already complex landscape of global trade.