In a move that has significant implications for global trade relations, US President Donald Trump has signed an executive order extending the tariff truce with China by 90 days, as reported by CNBC. The decision comes after weeks of speculation and mixed signals from Washington following trade talks between China and the US in Stockholm, Sweden, in July.
The extension of the tariff truce removes the immediate risk of an escalation in trade tensions between the two economic powerhouses. The decision was confirmed by a White House official, highlighting the fragile nature of the current ceasefire and the ongoing negotiations between the US and China.
Trump’s decision to extend the tariff truce by 90 days is seen as a strategic move to maintain stability in trade relations while allowing for further discussions and negotiations between the two countries. The extension also provides a window of opportunity for both sides to address key issues and work towards a more comprehensive trade agreement.
The US president has touted the revenue generated from tariffs collected during his administration, emphasizing his administration’s commitment to protecting American interests in trade negotiations. The extension of the tariff truce underscores the complex dynamics at play in the US-China trade relationship and the importance of finding mutually beneficial solutions to trade disputes.
While the extension of the tariff truce provides temporary relief, trade relations between the US and China remain fragile, with ongoing uncertainties and challenges that need to be addressed. The decision to extend the tariff truce by 90 days reflects the cautious approach taken by both countries as they navigate complex trade issues and seek to find common ground.
Overall, the extension of the tariff truce by 90 days signifies a temporary reprieve in trade tensions between the US and China, highlighting the delicate balance of power and interests at play in global trade relations.
References:
1. South China Morning Post: https://www.scmp.com/economy/global-economy/article/3321502/trump-extends-us-tariff-truce-china-cnbc-reports?utm_source=rss_feed
2. NDTV: https://www.ndtv.com/world-news/trump-extends-china-tariff-truce-for-90-days-report-9065795
3. Al Jazeera: https://www.aljazeera.com/economy/2025/8/11/us-to-extend-china-tariff-pause-another-90-days?traffic_source=rss
4. Times of India: https://timesofindia.indiatimes.com/world/us/trump-signs-order-extending-china-tariff-truce-by-90-days-white-house-official-says/articleshow/123244865.cms
5. NBC News: https://www.nbcnews.com/business/economy/us-china-trade-deal-tariff-extension-what-to-know-rcna221774
6. BBC News: https://www.bbc.com/news/articles/cg7jjkvzmkxo?at_medium=RSS&at_campaign=rss
7. RT: https://www.rt.com/news/622777-trump-china-tariffs-truce/?utm_source=rss&utm_medium=rss&utm_campaign=RSS
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