BREAKING: The US & China have agreed to ext their tariff pause for another 90-days.

🧾 What’s going on?

  • In May 2025, both countries agreed to reduce their reciprocal tariffs—U.S. tariffs on Chinese goods were slashed from 145% to about 30%, and China lowered its tariffs on U.S. goods to 10%, with the deal set to last 90 days through August 12  .
  • Now, set against upcoming trade talks in Stockholm, sources say the agreement is expected to be extended for another 90 days. During the extension, neither side will impose
  • new tariffs or escalate trade tensions further  .
  • Key Date
    Event
    May 12, 2025
    U.S.‑China agreed to reduce most reciprocal tariffs for 90 days until August 12
    July 27–28
    Trade talks in Stockholm begin; extension reportedly agreed
    Aug 12, 2025
    Current tariff pause set to expire; extension likely pushes this out another 90 days
    During extension
    Both sides expected to maintain status quo—no new tariffs or escalation
  • 🚨 Important Details & Caveats
  • The extension has not yet been formally announced—reports cite unnamed sources familiar with the negotiations  .
  • No indication yet of substantive progress on core issues like technology transfers, fentanyl-related tariffs, or rare earth exports—talks appear intended to maintain stability rather than break new ground  .
  • U.S. Treasury Secretary Scott Bessent previously warned that if the deadline expires without an extension, new escalated tariffs could resume on August 12  .
  • ✅ Bottom Line
  • Yes — media sources confirm that the U.S. and China are expected to extend their 90-day tariff pause, which expires August 12, by another 90 days. While still unofficial, the move reportedly seeks to preserve trade stability amid ongoing dialogue. No major breakthroughs are anticipated during the Stockholm talks, but escalation is being avoided for now.

Related Posts

WHAT HAPPENS WHEN WE TONGUE KISS…See more

A kiss can speak volumes, especially when it’s deep and lingering. When a man kisses you with his tongue — often called a French kiss — it…

59-Year-Old Man Ate Two to Three Bananas Every Night for a Year—Medical Checkup Revealed an Unexpected Finding

A 59-year-old man developed a simple nightly habit—eating two to three bananas before going to bed. At first, it seemed like nothing more than a convenient snack…

My Daughter’s Prom Date Was the Boy Every Girl Wanted – But When He Brought Her Home, He Said, ‘You Have 5 Minutes to Tell Her the Truth, or I Will’

My daughter’s prom night took an unexpected turn in our living room. One moment, she was excited and glowing in her dress; the next, everything changed when…

Wrinkled Fingers After Water Exposure: The Shocking Biological Truth Behind Your Skin’s Creepy Reaction

Have you ever stayed in water long enough to notice your fingertips turning wrinkled? It may look like your skin is simply soaking up water, but that…

The Surprising Reason Some Trees Are Painted White

Have you ever driven down a country road, walked through an orchard, or visited a public park and noticed rows of trees with bright white trunks?At first…

The Forgotten Household Tool That Quietly Changed Everyday Life Forever

At first glance, it hardly looks revolutionary. Small, curved, lightweight, and often forgotten in the corner of a hallway or beside a closet door, the shoe horn…

Leave a Reply

Discover more from Late Press

Subscribe now to keep reading and get access to the full archive.

Continue reading