US EditionUS, China Extend Tariff Truce, Calming Tensions
The tariff suspension of 24 percentage points on imports between the US and China is extended for 90 days to support negotiations and global market stability, officials said.
- On August 12, 2025, the United States and China agreed to extend a 90-day continuation of mutually reducing 24 percentage points from their additional tariffs on each other's goods.
- The extension came after discussions held in Stockholm on July 28-29, 2025, involving Chinese Vice Premier He Lifeng alongside U.S. Treasury Secretary Scott Bessant and Trade Representative Jamison Greer, building upon prior agreements made in Geneva and London.
- The truce pauses planned tariff increases including the U.S. delay to raise tariffs to 145 percent and China’s hold on 125 percent tariffs, with both sides keeping existing duties at 10-30 percent and suspending additional tariffs.
- An international trade analyst described the agreement as a temporary halt rather than a final resolution, highlighting that underlying disagreements persist, although markets and manufacturers appreciated the resulting short-term stability.
- The extension may ease economic pressures amid U.S. slowing growth and China’s recovery challenges, aiding global supply chains and commodities, but both economies continue negotiations on issues like tech exports and trade imbalances.
14 Articles
14 Articles
US, China extend tariff truce, calming tensions
The United States and China have announced to extend the suspension of 24 percentage points of reciprocal tariffs on each other's goods for another 90 days, starting August 12, 2025, in a move seen as an effort to stabilise strained economic ties between the world's two largest economies. The decision, announced in a joint statement on Tuesday, followed talks in Stockholm on July 28-29 led by Chinese Vice Premier He Lifeng, US Treasury Secretary…
Hard Numbers: US extends trade truce with China, Finland charges Russian-linked tanker over subsea sabotage, Smuggler stuffs turtles in socks, and more
90: President Donald Trump on Monday delayed the US’s tariff deadline with China by another 90 days – hours before a previous agreement was set to expire. Beijing responded Tuesday by suspending additional retaliatory tariffs on US goods. The move follows bilateral talks last month in Stockholm, where both sides had signaled a likely extension of the status quo amid fears of a wider trade war. 5: In a first for any NATO country, Finland brought …
The United States and China have announced Monday an agreement by which both countries will extend for three more months the suspension of a substantial part of the tariffs applied to each other, after meeting authorities from Washington and Beijing in Stockholm, Sweden, on July 28 and 29. “I have just signed an executive order that will extend the tariff suspension to China for another 90 days. The rest of the elements of the agreement will rem…
The actually planned higher tariffs in trade between the US and China are initially suspended. Trump signed a decree requiring a further postponement until November 10th.
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