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Trump Extends U.S.-China Tariff Moratorium by 90 Days Ahead of Pause Expiry

The move gives negotiators extra time to pursue a broader agreement on punitive duties

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Der Hafen von Lianyungang
Wenige Stunden vor dem Ende der Pause im Zollstreit zwischen China und den USA haben die Gespräche zwischen beiden Ländern angedauert. Die Verhandlungen würden "ziemlich gut" laufen, sagte US-Präsident Donald Trump.

Overview

  • President Trump signed an executive order postponing tariff increases due on Aug. 12, effectively extending the 90-day Geneva suspension until mid-November.
  • Negotiations in Washington continued to receive praise from Trump, who described them as "pretty good" and highlighted his strong relationship with President Xi Jinping.
  • China’s Foreign Ministry spokesperson Lin Jian expressed hope for "positive results" founded on equality, respect and mutual benefit.
  • U.S. Trade Representative Jamieson Greer reiterated that the president holds the final authority over any further extension of the tariff pause.
  • Trump used his Truth Social platform to urge Beijing to quadruple U.S. soybean imports as part of ongoing leverage in trade discussions.