A White House official clarified Trump's 90-day pause, saying: The baseline 10% tariff that went into effect on April 5 remains in place for all trading partners including the European Union, whose retaliatory tariffs on the U.

White House officials clarified on Thursday that the 125 percent tariff the president announced on Wednesday was in addition to a 20 percent added to the country since President Trump returned to office.

President Donald Trump is leveraging a 145% tariff rate, higher than previously thought, on Chinese goods, according to White House officials. Trump made headlines and shifted financial markets Thursday by announcing a 90-day pause on his reciprocal tariff agenda for all U.