#BTC# The global markets were shaken after President Trump unexpectedly announced a temporary freeze on US trade tariffs, reducing rates to 10% for the next 90 days.

The move published in X is part of what the administration describes as a recalibration of the trading strategy, although specific details remain unclear.
Negotiations with international partners – including Canada and Mexico – will continue behind closed doors during the freeze period. The sharp change has led analysts to question the stability of U.S. trade policy, with some calling it more of a short-term political maneuver than a lasting economic solution.
Market observers were quick to note the cautious behavior of investors, pointing to weak trading volumes and mixed reactions. Some, like Chris Steidel, warned that the pause does not change much for companies facing long-term uncertainty. Others, like Amarjit Sahota, described the announcement as reactive and lacking strategic clarity.
Switzerland is reassessing its relations with the EU against the backdrop of Trump's tariffs.
Despite the cancellation of tariffs, tensions still persist. Economist Nouriel Roubini dismissed the idea that the Federal Reserve would intervene in response, suggesting that it is unlikely the central bank would react to chaotic trading movements by lowering interest rates. According to him, monetary policy will not be used to mitigate political games.
The clock is now ticking towards the quarterly deadline, and businesses and markets are left to navigate the uncertainty.