Donald Trump has put a 90-day break on most of his global tariffs.

The US President said he's pausing his "reciprocal" levies, but keeping his 10% baseline tax on nearly all global imports.

However, goods from China will be hit with an extra charge of 125% "effective immediately"

The move is being seen as an attempt to halt a sharp decline in world markets.

However, Ireland is still in President Trump's sights as he again confirmed he plans to target the pharmaceutical sector.

Newstalk Business Editor Joe Lynam told Newstalk Breakfast that, despite many markets being up today, "the problems haven't gone away".

"We still have a tariff war," he said.

"There's still 10% tariffs across the board; we are assuming in Europe that we're included in the kind of, 'everyone else except China thing' - but we did retaliate yesterday."

Joe said this has been conveniently ignored by Trump, who "can't focus on anything more than one thing at a time, and China is his focus at the moment".

You can listen back to the full interview here:

Main image: Trump signed an Executive Order to protect fans from exploitative ticket scalping and bring commonsense reforms to America's live entertainment ticketing industry. Monday, March 31, 2025. (Credit Image: © Molly Riley/White House/ZUMA Press Wire)