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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Apr 10, 2025

Page

8

Tariff pause tests markets as Trump hints at talks

The global economy wavered as early tariffs took effect with a 10 percent baseline and a 90 day pause. Trump claimed negotiations will be bespoke, while others insist the move was market driven. Officials offered mixed explanations as bond yields fluctuated and business leaders warned of recession risk.

Trump White House U.S Truth Social China European Union Japan South Korea Canada Mexico Treasury Scott Bessent Bessent Ing Karoline Leavitt United States of America World Trade Organization Ngozi Okonjo-Iweala U.S. Treasury Gennady Goldberg TD Securities

Senate Republicans cheer as Trump pauses tariffs

Senate Republicans expressed relief at a 90 day pause on most tariffs after President Trump backed down from sweeping duties. The move eased market fears, with senators urging negotiations while warning of long term costs. Democrats criticized the chaos and shifting positions of the White House.

Washington Donald Trump Senate GOP Trump Roger Marshall China Mike Rounds South Dakota Ron Johnson R-Wis Thom Tillis U.S Jamieson Greer Tillis North Carolina Greer House Ways and Means Committee Tom Suozzi D-N.y Chuck Schumer

Timeline of Trump's tariffs and trade moves through 2019

A compact overview of President Trump's escalating tariff actions and global responses. From initial threats and a 25 percent Canada Mexico china plan to a sweeping set of reciprocal duties, pauses, and suspensions, the timeline traces how tariff policy shaped markets and diplomacy. It highlights key dates and participants including China, Canada, Mexico, Colombia, and the EU, with the evolving impact on prices and trade relations.

Trump Canada Mexico Colombia Gustavo Petro U.S Petro China Google Commerce Ministry European Union Venezuela

Also Mentioned on This Page

Commerce Howard Lutnick CNBC Delta Air Lines Ed Bastian Oval Office Republicans New York Beijing Ford General Motors Stellantis Mark Carney
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