A China Shipping cargo container sits stacked at the Port of Long Beach in Long Beach, California on April 10, 2025. US President Donald Trump's 10 percent tariff for almost all countries except China will likely remain in place going forward, his top economic advisor Kevin Hassett said Thursday. On April 8, Trump announced a 90-day pause on higher tariffs against all countries except China, reversing a policy that had roiled global stock markets and spooked the American bond markets -- a key barometer of investors' faith in the US government's ability to pay its debts. (Photo by Patrick T. Fallon / AFP)

A China Shipping cargo container sits stacked at the Port of Long Beach in Long Beach, California on April 10, 2025. US President Donald Trump's 10 percent tariff for almost all countries except China will likely remain in place going forward, his top economic advisor Kevin Hassett said Thursday. On April 8, Trump announced a 90-day pause on higher tariffs against all countries except China, reversing a policy that had roiled global stock markets and spooked the American bond markets -- a key barometer of investors' faith in the US government's ability to pay its debts. (Photo by Patrick T. Fallon / AFP)

A China Shipping cargo container sits stacked at the Port of Long Beach in Long Beach, California on April 10, 2025. US President Donald Trump's 10 percent tariff for almost all countries except China will likely remain in place going forward, his top economic advisor Kevin Hassett said Thursday. On April 8, Trump announced a 90-day pause on higher tariffs against all countries except China, reversing a policy that had roiled global stock markets and spooked the American bond markets -- a key barometer of investors' faith in the US government's ability to pay its debts. (Photo by Patrick T. Fallon / AFP)