US–China Postpone Tariffs for 3 Months

On August 11, 2025, the United States and China agreed to extend their tariff truce for another 90 days, delaying higher tariffs until November 10, 2025. The US, via an executive order signed by President Donald Trump, maintains a 30% tariff on Chinese imports, while China keeps a 10% tariff on US goods, averting increases to 145% and 125%, respectively.

Announced by the White House and confirmed by China’s Commerce Ministry, the extension follows talks in Stockholm in July 2025. It ensures stability for businesses, particularly US retailers stocking up for the holiday season, by keeping import costs lower for goods like electronics and apparel. Both countries continue negotiations toward a potential long-term trade agreement to address economic concerns.

China’s exports to the US fell 21.7% in July 2025, while US data indicates the trade deficit with China is at its lowest in over 20 years. The truce paves the way for further discussions, possibly culminating in a US-China summit later in 2025.

(Source: White House, China Ministry of Commerce)