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
Illini Final Four trip expected to benefit University of Illinois, state of Indiana
Trump makes history at Supreme Court amid landmark birthright citizenship challenge
New Hampshire school district sued over transgender policies
Trump watches as high court hears challenge to his birthright citizenship order
Illinois Quick Hits: Prtizker says Trump order is unconstitutional
U of I pressed on costly abandoned development project, stance on DEI directives
Trump says Iran’s new leader wants ceasefire
‘Conversion therapy’ bans in IL, other states, in danger, after SCOTUS ruling
Lincoln-Way 210 Approves Student Registration and Meal Fee Increases for 2026-2027
County Board Approves Peotone Solar Farm Amid Debates Over Union Labor and Tornado Safety
Lincoln-Way West Offense Explodes in 12-2 Victory Over Revere
Illinois business leaders press lawmakers as child care costs face scrutiny