The United States is likely to extend the U.S. tariff deadline for China by another 90 days, says Commerce Secretary Howard Lutnick.
The current U.S.–China tariff pause, agreed to during talks in Geneva in May, is set to expire on Aug. 12.
Last week, senior U.S. administration officials met with their Chinese counterparts in Stockholm, and both sides proposed extending the deadline for 90 days to allow for further trade negotiations.
In an Aug. 7 Fox Business interview, Lutnick said he thinks the White House will eventually agree to a deadline extension.
“I think we’re going to leave that to the trade team and to the president to make those decisions,” Lutnick said. “But it feels likely that they’re going to come to an agreement and extend that for another 90 days. But I’ll leave it to that team.”…
US Tariff Pause With China ‘Likely’ to Be Extended by Another 90 Days: Lutnick
