U.S. President Donald Trump has signed a new order extending the temporary suspension of China tariffs for another 90 days, giving both nations additional time to navigate tensions and pursue broader trade negotiations.
U.S. President Donald Trump has signed an executive order to keep his planned increase in tariffs on Chinese imports suspended for an additional 90 days, just hours before a brief trade truce between Washington and Beijing was set to expire Geo TVReuters.
The temporary halt prevents the tariffs from soaring to triple-digit rates—up to around 145% for U.S. duties and 125% for China’s retaliatory measures—that could have drastically disrupted trade ReutersGeo TV.
When questioned about the extension, Trump stated, “We’ll see what happens,” and added that China has been “dealing very nicely,” praising his relationship with President Xi Jinping Geo TV.
China’s foreign ministry responded by expressing hope that both nations will build on the recent phone agreement between their leaders and aim for fair and mutually beneficial outcomes Geo TV.
Although the full text of Trump’s order remains unreleased, the extension appears to push the trade truce’s expiration into early November Geo TVForbes.
