The Wall Street Journal

Trump authorises 90-day pause on reciprocal tariffs

Trump authorises 90-day pause on reciprocal tariffs
(Image: Getty)
The Wall Street Journal
By Dean SealUS President Donald Trump said he has authorised a 90-day pause on reciprocal tariffs for all trading partners except China.The president announced Wednesday (Thursday morning NZT) afternoon on his Truth Social platform that reciprocal tariffs will also be lowered to 10%, effective immediately.That won’t be the case for China, which now faces a 125% tariff, Trump said.This is a developing story.

More Markets

Anna Scott joining Mercer
Markets

Anna Scott joining Mercer

Former Smart boss will replace current Mercer chief executive Martin Lewington.

Solar still on the rise, Ecotricity says
Markets

Solar still on the rise, Ecotricity says

Commercial solar generation is up almost 300%.

Expectations of rate cuts boost NZ sharemarket in light trade
Markets Market close

Expectations of rate cuts boost NZ sharemarket in light trade

There were 89 rises and 48 falls on the main board.

Jamie Gray 02 Jul 2025
Smart CEO Anna Scott resigns
Markets

Smart CEO Anna Scott resigns

Anna Scott will take up her new role on October 1.

Staff reporters 02 Jul 2025