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
DHS thwarts Iranian terrorist threats at the northern border, World Cup ties
Minnesota man ordered to pay $2.5M in fraud case, faces no criminal charges
Everyday Economics: A new chair, a shorter statement, a Fed that stopped talking cuts
Illinois congressmen worry as DHS Secretary seeks to ‘protect election integrity’
Poll: 70% of Americans ‘concerned’ AI will take jobs
Meeting Summary and Briefs: Will County Board Executive Committee for June 11, 2026
Will County Mental Health Board Touts Crisis Program in Quarterly Report
Meeting Summary and Briefs: Will County Board Finance Committee for June 2, 2026
Will County Coroner Reports Nearly 8,000 Death Investigations in 2025
Lawmaker says Pritzker reacted too quickly to Grant Park cross burning
Sanders bill would give U.S. stake in AI companies; analyst calls idea ‘nutty’
Poll: Most Americans don’t trust AI for news