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Trump signs order extending China tariff truce by 90 days, White House says
UNITED STATES, AUG 12 – The 90-day extension maintains tariffs at 30% for US imports from China and 10% for Chinese imports, delaying a trade war and allowing ongoing negotiations to continue.
- With the Tuesday deadline looming, President Donald Trump signed an executive order Monday evening extending the U.S.-China tariff truce until 12:01 a.m. ET on November 10.
- Amid mounting tariff tensions, Geneva talks in May lowered U.S. tariffs from 145% to 30% and China’s from 125% to 10%, starting May 14.
- Under the current arrangement, U.S. reciprocal tariffs on Chinese goods are 30%, while China's are 10%, but without the extension, rates could have jumped to 145% and 125%.
- US-China Business Council president Sean Stein said the extension is 'critical to give the two governments time to negotiate an agreement' until mid-November, offering certainty but no long-term guarantees.
- Looking beyond the extension, Jeff Moon predicts tougher issues will linger and the trade conflict may continue grinding ahead for years, as negotiations extend into fall.
175 Articles
175 Articles
Tariff talks with China extended, what it means for New Orleans
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US and China extend trade truce 90 days, easing tensions between world's largest economies
WASHINGTON — President Donald Trump has extended a trade truce with China for another 90 days, at least delaying once again a dangerous showdown between the world's two biggest economies.
U.S., China Extend Tariff Truce By 90 Days
The United States and China have extended their trade truce for another 90 days, staving off triple-digit import duties on each other’s goods. U.S. President Donald Trump announced on his Truth Social platform that he had signed an executive order suspending the imposition of higher tariffs until 05:01 GMT on November 10, with all other elements of the truce to remain in place.China’s Commerce Ministry issued a parallel pause on extra tariffs ea…
Trump extends China trade deal another 90 days
On Monday, President Donald Trump signed an executive order extending the current trade deal with the People’s Republic of China (PRC), set to expire on Aug. 12, until Nov. 10. “President Trump’s second 90-day trade truce with China will keep the tariff rate on most Chinese imports at 10% until Nov. 10, 2025,” Joseph Harris, fiscal policy analyst for the John Locke Foundation, told the Carolina Journal. “A 125% tariff was implemented in April b…
US, China extend trade war truce for 90 days
What happenedPresident Donald Trump and China's government Monday extended a truce in their trade war for another three months, giving negotiators until Nov. 10 to secure a trade agreement or another extension.Trump threatened China with tariffs as high as 145% in April, provoking retaliatory tariffs of 125% from Beijing, before a temporary truce in May lowered tax rates to 30% on Chinese imports and 10% on U.S. goods.Who said whatApril's triple…
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