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Trump extends China tariff deadline by 90 days
Source: CNBC
Published Mon, Aug 11 2025 2:31 PM EDT | Updated 3 Min Ago
President Donald Trump on Monday delayed high U.S. tariffs on Chinese goods from snapping back into place for another 90 days, a White House official told CNBC. Those tariffs were set to resume after midnight Tuesday. But Trump signed an executive order hours beforehand that extends the deadline until mid-November, according to the official.
The delay was the expected outcome from the latest round of talks between U.S. trade negotiators and their Chinese counterparts, which took place in Stockholm, Sweden, late last month.
If the deadline was not extended, then U.S. duties on China would have shot back up to where they stood in April, when the tariff war between the world’s largest trading nations was at its peak. At that time, Trump had cranked up blanket tariffs on Chinese imports to 145%, and China had retaliated with 125% duties on U.S. goods.
But the two sides agreed to pause most of those tariffs in May, after negotiators met for the first time in Geneva, Switzerland. The U.S. pared its tariffs back to 30% and China dropped its levies to 10%.
Read more: https://www.cnbc.com/2025/08/11/trump-china-tariffs-deadline-extended.html
Article updated.
Previous article -
President Donald Trump has signed an executive order that will prevent high U.S. tariffs on Chinese goods from snapping back into effect for another 90 days, a White House official told CNBC on Monday afternoon. The order was signed just hours before midnight, when the pause on Trump's tariffs was set to expire.
The delay was the expected outcome from the latest round of talks between U.S. trade negotiators and their Chinese counterparts, which took place in Stockholm, Sweden, late last month.
If the deadline was not extended, then U.S. duties on China would have shot back up to where they stood in April, when the tariff war between the world's largest trading nations was at its peak.
The two sides had agreed to pause most of the tariffs on each other's goods in May, after negotiators met for the first time in Geneva, Switzerland.
Original article -
President Donald Trump has signed an executive order that will prevent U.S. tariffs on Chinese goods from snapping back to near-embargo levels for another 90 days, a White House official told CNBC on Monday.
This is breaking news. Please refresh for updates.
= new reply since forum marked as read
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Of course he did!
As predictable as him redacting some FILES was it?
Hmmmmm
