By Anthony Marcus for Eurasia Business News, August 11, 2025. Article n°1705
President Donald Trump has signed an executive order extending the deadline for the U.S.-China trade deal negotiations by 90 days, moving the tariff truce deadline from August 12 to November 9, 2025.
This extension suspends the planned escalations of tariffs on Chinese imports, maintaining the existing tariff rates (30% on Chinese products and 10% on American goods) for the near term. This prevents the immediate increase of tariffs that would have otherwise significantly increased costs on trade between the two countries.
Additionally, Trump announced there will be no new gold tariffs imposed on China amid these extended negotiations. The extension aims to provide more time for the two nations to finalize a trade deal without further tariff escalations. This follows recent talks and some progress in negotiations, as well as efforts to balance trade tensions involving sensitive sectors like semiconductors and rare earth minerals.
Trump signed executive orders on February 1, 2025, imposing 10% tariffs on all imports from China, which took effect on February 4, 2025. Shortly after, on February 27, Trump announced an increase of another 10% tariff on Chinese goods effective March 4, 2025. These tariff actions are regarded as the start of the 2025 phase of the trade war between the two countries. This followed ongoing tariff expansions and economic measures throughout the early months of 2025, including tariffs on other countries and specific sectors such as steel, aluminum, autos, and pharmaceuticals. In early April, Trump added 34% tariff on Chinese imported goods.
Read also : List of countries targeted by Trump tariffs in 2025
China immediately responded to the Trump measures: in February, Beijing imposed 10% tariffs on oil and agricultural machinery from the United States, 15% on coal and liquefied gas, and also filed a complaint with the World Trade Organization (WTO). Since March 10, China has additionally imposed a 10-15% duty on U.S. agricultural products.
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© Copyright 2025 – Eurasia Business News. Article no. 1705
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