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USA, China Extend Trade Truce Another 90 Days
The Statesman Siliguri
|August 13, 2025
US President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world's two biggest economies.
Trump posted on his Truth Social platform that he signed the executive order for the extension, and that "all other elements of the Agreement will remain the same." Beijing at the same time also announced the extension of the tariff pause, according to the Ministry of Commerce. The previous deadline was set to expire at 12:01 a.m. Tuesday. Had that happened, the USA could have ratcheted up taxes on Chinese imports from an already high 30 percent, and Beijing could have responded by raising retaliatory levies on US exports to China.
This story is from the August 13, 2025 edition of The Statesman Siliguri.
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