WASHINGTON D.C. / BEIJING – U.S. President Donald Trump signed an executive order late Monday extending the tariff truce with China for another 90 days—delaying a sharp rise in duties between the two economic giants and buying time for negotiations aimed at broader trade cooperation.
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Under the executive order, U.S. tariffs on Chinese imports will remain at approximately 30%, while China’s retaliatory duties on U.S. goods stay at around 10%—preventing what analysts dubbed a potential trade embargo had rates surged to 145% and 125%, respectively.
The deadline extension—set now to expire on November 9 or 10 (depending on the source)—was finalized just hours before the previous pause was scheduled to lapse at midnight Beijing time.
The move comes as President Trump emphasized that China has been “dealing quite nicely,” signalling a continued willingness to find common ground. Both sides remain engaged in talks following recent rounds in Stockholm and earlier in Geneva. Speculation is mounting about a possible summit between Trump and President Xi Jinping in the fall, should progress be made.
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Trade experts welcomed the extension, noting it provides critical breathing room for businesses and investors, especially as U.S. retailers prepare for the end-of-year holiday season. Meanwhile, unresolved issues—including rare-earth minerals, semiconductors, and agricultural purchases—continue to complicate negotiations.
Sources: Reuters, Al Jazeera, The Guardian, Associated Press, Economic Times
