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
Meeting Summary and Briefs: Joliet Junior College Board of Trustees for March 11, 2026
IL Supreme Court says it can remove Cook Co. judge for pro-Trump column
FBI: Illinois’ cyber crime losses reached $535M in 2025
Minnesota, Illinois AGs challenge federal orders to keep coal plants running
FBI finds Americans lose billions to cryptocurrency scams
Illinois lawmakers seek to regulate, tax prediction markets amid federal lawsuit
Report: Teacher’s union gives nearly 2M to org that trains for May Day protests
Illinois Quick Hits: Downtown Chicago office vacancies hit another record high
Trump issues dire warning to Iran as deadline looms
Report: Iran, inflation concern small businesses
U.S.-Israel-Iranian conflict escalating global energy, supply chain crisis
Lincoln-Way West Edges Homewood-Flossmoor 5-4 in Tight Conference Clash