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
Trump’s tariffs ‘not survivable’ for some U.S. small businesses
Postal traffic to U.S. dropped 80% after end of duty-free shipping
Illinois quick hits: Hundreds of layoffs reported; man charged with converted handgun
‘Glaring failure:’ Lawmaker accuses Meta of failing to make AI chatbots kid-safe
Medical training accreditor ends DEI policies, closes department
State rep says IL GOP will be outspent ’20 to 1′ in 2026 elections
Supreme Court allows ICE to factor race, workplace into L.A. raids
Op-Ed: Illinois just cemented its place as a ‘Legislative Inferno’
WATCH: DHS launches ICE ‘Midway Blitz’ in Chicago as Trump calls out cashless bail
Pritzker signs behavioral health data law amid privacy concerns
WATCH: Pritzker’s ‘move’ comments ‘insulting’ to Illinoisans, Freedom Caucus says
Lawmakers seek to offer immigrants temporary legal status