Trump delays China tariffs by 90 days
The deadline to enact further reciprocal tariffs against China will be extended by 90 days, President Donald Trump announced Monday night.
“[China] continues to take significant steps toward remedying non-reciprocal trade arrangements and addressing the concerns of the United States relating to economic and national security matters,” Trump explained in an executive order.
The deadline was set to expire on Aug. 12. The new deadline is set for after midnight on Nov. 10.
While negotiations with China are worked out, a 10% reciprocal tariff rate will remain in effect until Nov. 10, according to a fact sheet provided by the White House.
“President Trump is ensuring economic cooperation between two of the largest economies in order to protect American interests, stop unfair trade practices, and strengthen America’s domestic manufacturing base,” the fact sheet read.
In April, the U.S. imposed 145% tariffs against Chinese imports and China retaliated with 125% tariffs on U.S. goods.
The countries backed off these tariffs after meeting in May. The U.S. went down to 30% tariffs while China went down to 10%.
The fact sheet said the U.S. goods trade deficit with China was $295.4 billion in 2024. The White House said this number is “already decreasing substantially.”
Latest News Stories
Will County Considers Moving Land Use Public Hearings Away from Full Board Meetings
Meeting Summary and Briefs: Jackson Township Board for August 13, 2025
Jackson Township to Investigate Decade-Old High-Speed Rail Plan Through Elwood
Meeting Summary and Briefs: Manhattan Park Board for August 14, 2025
Meeting Summary and Briefs: Will County Board for September 18, 2025
Jackson Township Approves Settlement with Joliet, Union Pacific Over ICC Case
Meeting Summary and Briefs: Lincoln-Way Community High School District 210 Board of Education for September 18, 2025
Manhattan Park Board Deadlocks on Paying for Sports Complex Plan, Motion Fails
Manhattan-Elwood Library Board Adopts Annual Budget and Appropriation Ordinance
Lincoln-Way 210 to Launch District Literacy Plan, Expands Community Partnerships
Meeting Summary and Briefs: Manhattan School District 114 Board of Education for September 17, 2025
Jackson Township Refers Manure-to-Gas Plant Proposal to Planning Commission