ISLAMABAD, August 12, 2025 — U.S. President Donald Trump has signed an executive order extending the suspension of higher tariffs on Chinese imports for another 90 days, just hours before a midnight deadline on August 11, 2025.
The US and China have extended a tariff truce for another 90 days, staving off triple-digit duties on each other’s goods as American retailers get ready to ramp up inventories ahead of the critical end-of-year holiday season. More here https://t.co/Hm0ttQlMSw pic.twitter.com/iYzfqI13eb
— Reuters Business (@ReutersBiz) August 12, 2025
Key Details:
- New Deadline: The extension runs until November 10, 2025.
- Without Extension: U.S. tariffs on Chinese goods could have risen to 145%, with China’s retaliatory tariffs on U.S. goods hitting 125%.
- Current Tariffs Maintained: 30% on Chinese imports to the U.S. and 10% on U.S. imports to China.
- China’s Response: The Chinese Ministry of Commerce announced a parallel extension of its own tariff suspension.
Reason for Extension:
- To allow more time for negotiations on a broader trade agreement and resolve long-standing disputes.
- Provides stability for American businesses ahead of the year-end holiday season.
Outlook:
- The move is seen as a positive step in de-escalating trade tensions.
- Analysts suggest it could pave the way for a possible Trump–Xi summit later this year.
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