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Trump extends China truce for 90 days, averting tariff hike

China in weaker negotiating position following US deals with other nations for reduced reciprocal tariffs

Bloomberg NewsbyBloomberg News
August 12, 2025
in News
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President Donald Trump extended a pause of higher tariffs on Chinese goods for another ninety days into early November, stabilizing trade ties between the world’s two largest economies. Trump signed an order extending the truce through Nov. 10, deferring a tariff hike set for Aug. 12. The de-escalation first took effect when the U.S. and China […]

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Tags: BloombergChinaDonald TrumpPremiumtariffstrade war
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