<h1>Government delays tariff hike by 90 days under executive order to ease trade tensions and boost negotiations</h1> A government executive order delayed the implementation of increased tariffs on imports from a major trading partner for 90 days, averting an immediate escalation in trade tensions. The delay prevents the proposed tariff increase from raising duties beyond an existing 30 percent rate and suspends the risk of retaliatory tariffs from the affected country. This temporary pause aims to facilitate further negotiations toward a broader trade agreement while maintaining ongoing economic uncertainty for businesses. The decision impacts various sectors, including automotive and electronics, with stock markets responding positively. The move also raises concerns about inflationary pressures and potential stagflation, as tariffs may contribute to higher consumer prices. The executive order reflects a strategic choice to preserve negotiation space rather than signal goodwill, leaving unresolved trade disputes pending further talks.