US and China extend trade truce deadline to avoid tariffs hike
Published: 8/12/2025
US and China extend trade truce until 10 November, avoiding tariff hike. The move suspends triple-digit tariffs on each other's goods for another 90 days, with the US holding tariffs on Chinese imports at 30% and China keeping a 10% tariff on American goods. Negotiations will focus on resolving trade imbalances and unfair practices, aiming for a "win-win cooperation," according to a Chinese embassy spokesperson.
