PIVX Official

#TariffPause The US government has announced a 90-day pause on certain new tariffs, specifically those beyond the base 10% tariff applicable to most countries, except for China. This pause, effective from April 10, 2025, to July 9, 2025, aims to facilitate negotiations with trading partners without imposing retaliatory tariffs. *Key Details:* - *Tariff Rates:* During the 90-day period, trading partners listed in Annex I will be subject to an additional 10% ad valorem rate of duty. - *Exceptions:* China is excluded from this pause and will face increased tariffs, with the US imposing a 125% tariff on certain Chinese goods in response to China's retaliatory measures. - *Negotiations:* The pause is intended to encourage trading partners to address non-reciprocal trade arrangements and align with the US on economic and national security matters.¹ - *Impact:* The tariffs can generate revenue for the US government but may also lead to decreased demand for imported products, increased prices, and potential retaliatory measures from other countries.²