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.