Overview

• President Trump signed an executive order on August 11 extending the tariff moratorium with China for an additional 90 days.
• The extension forestalls the reimposition of U.S. tariffs that had peaked at 145% and Chinese duties that reached 125%.
• The decision follows July negotiations in Stockholm and builds on the May truce that cut U.S. levies to 30% and China’s to 10%.
• Unresolved disputes over AI chip export controls, access to rare-earth magnets and tariffs tied to fentanyl trafficking will drive further talks.
• Both sides now have until early November to secure a broader agreement, with a possible Trump–Xi meeting eyed for late October.