10 Apr 2025

US Trade tarriff chaos: some paused, sharp rise for China

From Nine To Noon, 9:05 am on 10 April 2025
US President Donald Trump delivers remarks on reciprocal tariffs during an event in the Rose Garden entitled "Make America Wealthy Again" at the White House in Washington, DC, on April 2, 2025. Trump geared up to unveil sweeping new "Liberation Day" tariffs in a move that threatens to ignite a devastating global trade war. Key US trading partners including the European Union and Britain said they were preparing their responses to Trump's escalation, as nervous markets fell in Europe and America. (Photo by Brendan SMIALOWSKI / AFP)

Photo: AFP / Brendan Smialowski

Donald Trump is pausing many of his new tariffs for 90 days, but again increasing the import tax on Chinese goods.

The US is also lowering all its other reciprocal tariffs to 10 percent, for three months while countries try to negotiate deals.

China and the US have been in a tit-for-tat tariff war since the President announced his sweeping new tariffs last week.

Kathryn speaks with Bill Reinsch, an international trade expert with 20 years experience on Capitol Hill, and Tim Groser former Trade Minister, trade negotiator and Ambassador to the World Trade Organisation.