Trump extends China tariff deadline by 90 days
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President Donald Trump has signed an executive order that will prevent U.S. tariffs on Chinese goods from spiking for another 90 days.
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3 min read
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investment
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August 11, 2025
08:31 PM
CNBC
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watch now1:0501:05Trump signs executive order extending China tariff deadline by 90 daysPower LunchPresident 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 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 round of talks between U.S. trade negotiators and their Chinese counterparts, which took place in Stockholm in late July.If the deadline were not ext, 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
The U.S. pared its tariffs back to 30%, and China dropped its levies to 10%.Monday's extension is the example of how Trump's on-again, off-again tariffs have shifted with little prior notice, a dynamic that has made U.S. trade policy unpredictable for many es.Read more CNBC coverageJudge rejects unsealing Ghislaine Maxwell grand jury transcriptsWatch : Trump weighs deploying National Guard to Washington, DCDemocrats slam GOP redistricting fight as 'cheating' as Texas Gov
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Trade partners say that's way off the markMurdoch to vide Trump health in deal to delay Epstein case depositionTrump has previously announced steep tariffs on countries or specific sectors, only to scale them back, tweak them or pause them days or weeks later.The "recical tariffs" he initially rolled out in early April, for instance, were quickly paused and then delayed multiple times before taking effect in an altered form last week.On Sunday, Trump said he wanted China to "quickly quadruple" its orders of U.S. soybeans."This is also a way of substantially reducing China's Trade Deficit with the USA," Trump wrote in a Truth Social post.Chicago soybean prices rose Monday
It was not immediately if China has agreed to step up its soybean purchases in response to Trump's post.
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