Published: 3:05am, 12 Aug 2025Updated: 5:55am, 12 Aug 2025
US President Donald Trump has signed an executive order extending by 90 days the tariff truce with China, several media outlets reported on Monday, removing the risk of an immediate escalation hours before the ceasefire was set to expire, but leaving trade relations fragile.
Advertisement
If the Tuesday deadline was not extended, US duties on Chinese imports would have climbed back to their levels in April, at the height of the tariff war between the world’s two largest trading nations.
The decision, which CNBC and Reuters said was confirmed by a White House official, follows two weeks of speculation and mixed signals from Washington, after negotiators from China and the US concluded trade talks in Stockholm, Sweden, last month.
After the talks, Chinese negotiators declared a consensus for an extension of the pause on tariff increases, while the American side insisted that no deal would be final without Trump’s explicit approval.
Just ahead of the tariff truce deadline, Trump urged China to quadruple its purchases of American soybeans – a major export to China.
Advertisement
“China is worried about its shortage of soybeans. Our great farmers produce the most robust soybeans,” he said in a social media post late on Sunday.