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US, China extend tariff truce, calming tensions
The United States and China have announced to extend the suspension of 24 percentage points of reciprocal tariffs on each other's goods for another 90 days, starting August 12, 2025, in a move seen as an effort to stabilise strained economic ties between the world's two largest economies.
A 90-day pause on imposing higher tariffs on China is due to expire on Tuesday and it is unclear if it will be extended.
STOCKHOLM — China and the U.S. have agreed to continue their tariff pauses on each other, China's top trade official said Tuesday in Stockholm, following a two-day meeting with U.S.
U.S. and Chinese officials began a second day of talks in Stockholm on Tuesday to resolve longstanding economic disputes and step back from an escalating trade war between the world's two biggest ...
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