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China promises to help companies slammed by tariffs, as talks with the US left in limbo

CHINA, JUL 30 – China pledges financial support to exporters hurt by U.S. tariffs while trade talks remain unresolved, with a 30% U.S. tariff still in place, officials said.

  • This week, China's top leaders pledged to help companies affected by U.S. tariffs but held back on major moves after inconclusive talks in Stockholm, Sweden.
  • Chinese Vice Premier He Lifeng said both sides agreed to work on extending a deadline for higher tariffs after talks in Stockholm ended without clear results.
  • Xinhua News Agency reported the Politburo of the ruling Communist Party pledged to stabilize foreign trade and investment at its summer economic planning meeting.
  • Foreign Ministry spokesman Guo Jiakun said Thursday that China expects the U.S. to follow through on the important consensus from the Trump-Xi call and will take measures to ensure energy security.
  • Next month, President Donald Trump will decide whether to extend the Aug. 12 deadline for an agreement or let tariffs resume at higher levels.
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China promises to help companies slammed by tariffs, as talks with the US left in limbo

China's top leaders have pledged to help companies slammed by higher U.S. tariffs but held back on major moves after trade talks with the U.S. this week left businesses in limbo.

·United States
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The ruling Communist Party's influential Politburo has pledged to stabilize foreign trade and investment.

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  • 38% of the sources lean Left, 38% of the sources are Center
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Macao News broke the news in on Wednesday, July 30, 2025.
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