Trump delays China tariffs by 90 days

Trump delays China tariffs by 90 days

Spread the love

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.”

Events

No events

Leave a Comment





Latest News Stories

Illinois quick hits: Governor bans school fines; Target fires hundreds over fraud

Illinois quick hits: Governor bans school fines; Target fires hundreds over fraud

By Jim Talamonti | The Center SquareThe Center Square Governor bans school fines Gov. J.B. Pritzker has signed legislation that bans schools from issuing fines or citations to students for...
Industry advocates: More state regulation will drive insurance rates higher

Industry advocates: More state regulation will drive insurance rates higher

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Insurance industry leaders are advising Illinois lawmakers that state regulation of rates will lead to higher costs...
Lawmakers, policy groups react to social media warning suit

Lawmakers, policy groups react to social media warning suit

By Elyse ApelThe Center Square Bill sponsors and public interest groups have been quick to respond to a lawsuit filed last week against Colorado, challenging a new law that would...
Meeting Briefs

Meeting Summary and Briefs: Will County Board Executive Committee for August 14, 2025

The Will County Board Executive Committee received a comprehensive update on the county's expenditure of $134 million in federal ARPA pandemic relief funds, learning that 61% of the total has...
Peotone-Committee-8.18.25.2

Peotone Schools Face ‘Fiscal Cliff,’ Board Considers School Closures and New Construction

Committee of the Whole Article Summary: Facing a severe financial crisis and a rapidly approaching deadline from a major road project, the Peotone School District 207-U board is now seriously...
Public education budgets balloon while enrollment, proficiency, standards drop

Public education budgets balloon while enrollment, proficiency, standards drop

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – In return for soaring state spending on education, Illinois taxpayers are getting chronic absenteeism, poor academic proficiency...
Illinois news in brief: Cook County evaluates storm, flood damage; Giannoulias pushes for state regulation of auto insurance; State seeks seasonal snow plow drivers

Illinois news in brief: Cook County evaluates storm, flood damage; Giannoulias pushes for state regulation of auto insurance; State seeks seasonal snow plow drivers

By Jim Talamonti | The Center SquareThe Center Square Cook County evaluates storm, flood damage The Cook County Department of Emergency Management and Regional Security is reviewing damage from the...
Governor defends mental health mandate, rejects parental consent plan

Governor defends mental health mandate, rejects parental consent plan

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – U.S. Rep. Mary Miller, who represents the 15th Congressional district in southeastern Illinois, is reintroducing legislation...
Illinois quick hits: Arlington Heights trustees pass grocery tax

Illinois quick hits: Arlington Heights trustees pass grocery tax

By Jim Talamonti | The Center SquareThe Center Square Arlington Heights trustees pass grocery tax Arlington Heights village trustees have approved a one-percent tax on groceries. Since Gov. J.B. Pritzker...
Plan launched to place redistricting amendment before voters in 2026

Plan launched to place redistricting amendment before voters in 2026

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Two former U.S. Cabinet members have launched a new effort to stop Illinois politicians from drawing their...
Illinois GOP U.S. Senate candidates point to economy, Trump gains

Illinois GOP U.S. Senate candidates point to economy, Trump gains

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Economic issues are front and center for Republican U.S. Senate candidates in Illinois. Former Illinois GOP Chairman...
Peotone-Committee-8.18.25.1

Facing Budget Crisis, Peotone Committee Questions Athletic Field Project

Committee of the Whole Article Summary: With Peotone School District 207-U on the verge of a financial crisis, board members are questioning the wisdom of moving forward with a long-awaited...
Meeting-Briefs

Committee Summary and Briefs: Peotone Board of Education Committee of the Whole

The Peotone School District 207-U is on a collision course with a major financial crisis, which dominated the Board of Education’s committee meeting on August 18. Facing a projected $4.2...
Screenshot-2025-08-19-at-6.16.25-PM

Committee of the Whole Eyes School Closures and New Construction Amid Budget Crisis

Committee of the Whole Article Summary: Facing a severe financial crisis with a projected $4.2 million operating deficit, the Peotone School District 207-U board is now seriously exploring the closure...
Exec Cmte 8.14.25.4

Executive Committee Details Spending of $134 Million in Pandemic Relief Funds

Article Summary: Will County has expended 61% of its $134 million in federal American Rescue Plan Act (ARPA) funds, with significant investments made in infrastructure, health, and economic development. Officials...