A Pause on Higher Tariffs for China Is Due to Expire Tuesday. Here’s What to Know
President Trump is weighing another 90-day tariff pause amid ongoing trade talks and economic pressures, with tariffs currently including a 10% baseline and 20% on fentanyl-related imports.
- A 90-day pause on imposing higher tariffs on China is due to expire on Tuesday, and it is unclear if it will be extended.
- Trump has repeatedly shifted deadlines and tariff rates, and neither side has indicated what it plans for Tuesday.
- Higher tariffs are aimed at offsetting the huge, chronic U.S. trade deficit with China, which hit a 21-year low in July as the threat of tariffs bit into Chinese exports.
51 Articles
51 Articles
It goes into the extension: China and the US had suspended higher tariffs in the ongoing trade dispute until Tuesday. Now there is another postponement. A meeting of Presidents Trump and Xi Jinping could be the key to preventing further escalation.
Trump’s 90-day pause on higher tariffs for China will expire soon. Here’s what to know
A 90-day pause on imposing higher tariffs on China is due to expire on Tuesday and it is unclear if it will be extended.After the most recent round of China-U.S. trade talks, held late last month in Stockholm, Chinese and U.S. officials said they expected the deadline to be extended for another 90 days. The U.S. side said the decision was up to President Donald Trump. So far there has been no formal announcement about whether he will endorse an …
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