US and China extend trade truce to avoid tariffs hike | BBC News

The US and China have extended their trade truce for another 90 days, just hours before the world’s two biggest economies were set to raise tariffs on each other.

On Monday, US President Donald Trump signed an executive order to keep the pause in place until 10 November, while Beijing also announced an extension.

It means the US will hold its levy on Chinese imports at 30%, while China will keep a 10% tariff on American goods.

The latest extension will give more time for further negotiations about "remedying trade imbalances" and "unfair trade practices", the White House said.

Subscribe here: http://bit.ly/1rbfUog

For more news, analysis and features visit: www.bbc.com/news

#US #China #BBCNews

Author: BBC News
Go to Source

News post in August 12, 2025, 12:05 pm.

Visit Our Sponsor’s:
News Post In – News

Renegade_Rcih
Greetings I'm Renegade Rich, I own lots of websites and domain names. one of my favorite news type of sites are news sites. So I own lots of news sites and news domain names. My lates is https://news.post.in 😁