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U.S. and China Extend Tariff Truce to November as EU-U.S. Accord Faces Uncertainty

Preserving existing surtaxes through 10 November, the truce spotlights U.S. demands for Chinese soy purchases, underscoring unresolved carve-out details in the EU-U.S. agreement.

Overview

  • President Donald Trump signed a decree extending the 90-day tariff truce with China until 10 November 2025, keeping U.S. surtaxes on Chinese goods at about 30% and Chinese tariffs on U.S. goods at 10%.
  • China confirmed via Xinhua that it will maintain its 10% tariff rate and suspend planned increases during the same period.
  • Trump used his Truth Social account to call on China to quadruple its purchases of U.S. soy, framing agricultural imports as a key bargaining chip in ongoing talks.
  • Recent negotiation rounds in London and Stockholm continue as both sides seek to convert the temporary pause into a more durable agreement.
  • Brussels suspended retaliatory duties under the Turnberry provisional deal, but political disputes and unspecified legal carve-out details leave the EU-U.S. pact vulnerable to renewed escalation.