President Donald Trump extended the U.S.–China trade truce for another 90 days, averting an immediate tariff spike and easing tensions between the world’s two largest economies. The pause keeps U.S. tariffs on Chinese goods at a still-high 30% and China’s retaliatory levies around 10%, instead of snapping back toward the triple‑digit levels seen earlier this year (as high as 145% on China and 125% on the U.S.). Both sides signaled room for continued talks, potentially paving the way for a Trump–Xi summit later this year.
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90-Day Trade Opportunity: US-China Tariff Relief Opens New Possibilities
U.S. companies welcomed the move as critical for stability and planning. Still, fundamental disputes over IP protection, subsidies, and industrial policy remain unresolved, and experts expect the trade war to grind on.
Implications on Global Trade
What it means for global buyers and suppliers:
- Pricing and contracts: Use the 90‑day window to lock in prices and delivery schedules while volatility is muted.
- Risk management: Keep escalation clauses and contingency plans in place in case tariffs rise after the deadline.
- Sourcing: Maintain China+1 strategies, but reassess given incremental access to rare earths and eased controls.
- Sector watch: Agriculture and energy exports could restart if talks yield fentanyl‑linked tariff reductions—monitor closely.
- Negotiation timing: Front‑load shipments and milestones before the truce expires.
Global buyers and suppliers need to be alert to ongoing tariff news and adjust their strategies accordingly.
These tariffs are subject to ongoing updates, therefore global traders like you are suggested to stay tuned to the official sites regularly.
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