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US extends China tariff truce by another 90 days
Financial Express Kochi
|August 13, 2025
THE US and China have extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as US retailers get ready to ramp up inventories ahead of the holiday season.
US President Trump announced on his Truth Social platform that he had signed an executive order suspending the imposition of higher tariffs until 12:01 a.m. on November 10, with all other elements of the truce to remain in place. China's commerce ministry issued a parallel pause on extra tariffs early on Tuesday, also postponing for 90 days the addition of US firms it had targeted in April to trade and investment restriction lists.
Cette histoire est tirée de l'édition August 13, 2025 de Financial Express Kochi.
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