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
Zinc Leaching and Flooding Concerns Dominate Testimony at Will County Solar Hearing
Meeting Summary and Briefs: Will County Board Special Planning and Zoning Commission for May 12, 2026
Access Will County Dial-A-Ride Reports Massive Growth After Consolidating Paratransit Services
Will County Planning and Zoning Commission Recommends Denial of 6,099-Acre Earthrise Solar Project After Court-Ordered Hearing
Judge sets up high stakes baby formula NEC trial vs Mead Johnson
Illinois Quick Hits: Home insurance regulations approved by Illinois Senate
Illinois Senate passes bill to regulate auto insurance rates
Op-Ed: The FAA’s O’Hare decision is a win for travelers – and for competition
Bill to prevent fraud on elderly, disabled opposed by financial institutions
Legislative Committee Advances Resolution Opposing Kidney Disease Treatment Delegation Act
Illinois Quick Hits: Gas tops $5 a gallon
Commission Approves Massive Lake Michigan Water Infrastructure Project for Troy Township
Committee: Capital Improvements Committee Weighs $300 Million Options for Downtown Joliet Campus