The Trump administration agreed to delay the deadline again when the definitions of Chinese imports rise with the continued discussions between the two sides.
The new deadline will be November 10.
“All other elements of the agreement will remain the same,” Trump said on the social truth.
In a statement accompanying an executive order, the White House said that the administration will hold “ongoing negotiations” with China, the second largest economy in the world, to “resolve commercial conflicts and enhance economic relations.”
The White House added: “Every round of negotiations with the Chinese was built on each other, which increased the enhancement of economic cooperation.”
A joint government statement taken by the Chinese government media said that China will depend and maintain all the necessary measures to suspend or remove non -fire measures.
For companies and consumers, the other temporary suspension means constant uncertainty as the sweeping tariff system for President Donald Trump enters the fifth month.
Last week, import taxes entered into force for dozens of countries. Prices appeared in the United States while the customs tariff on imports from China and others operate in the economy, as companies deal with a lot of high costs and consumers. Trump has reduced inflation fears and tens of billions of dollars in federal revenue from fees.
This is the second time that the Trump administration has postponed the imposition of a higher tariff on China, which is one of the largest trading partners in America. In 2024, the United States imported more than $ 438 billion of Chinese goods, including everything from clothes to electronics to games.
While there is no deal on hand, there was a movement on a few fronts. Just a few days ago, Trump authorized American technology companies Nvidia and AMD To resume the sale of some semiconductors, artificial intelligence to China. According to China, some restrictions on rare ground mineral exports. These were the main issues of both sides.
Trump began again with China on the customs tariff a few days after re -introducing his post. In early February, a 10 % tariff imposed on all imports from China, which quickly took revenge with a tariff on its own. Then, on April 2, Trump said he would slap a 34 % tariff on China.
A week later, after China raised its tariff on American goods to 84 %, Trump said about the social truth: “Based on the lack of respect that China has shown in the markets of the world, I do this raising the tariff that China accused by the United States of America to 125 %, immediately.” This led to a tariff tariff for Chinese goods to a total of 145 % compared to 125 % in Chinese definitions on American goods, which reach a mutual trade embargo.
In the endeavor to defuse the tension, Treasury Secretary Scott Beesen and American Trade Representative Jameson Jarir met with their Chinese counterparts in Geneva in early May. After these talks, both countries reduced the tariff tariff by 115 percentage points for 90 days, to 30 % on Chinese goods and 10 % on American goods.
Just weeks later, Trump said on the social truth that “China is not surprising to some, has violated its agreement with us.” US officials later said China was “slow” to deliver rare land.
Bessent and Greer met again with their counterparts, that is, Chinese Deputy Prime Minister He Lifeg, in London in mid -June. Trade Minister Howard Lootnick also joined those talks that resulted in a positive language.
“The largest economy in the world has reached a handshake,” Lootnick said at the end of the London talks. Since that meeting, this framework agreement has not been issued or published by any of the government.
A complete trade deal with China remains far -ranging despite at least seven days of conversations to face this year between high -ranking officials on both sides.
“Beijing will be happy to maintain negotiation between the United States China, but it is unlikely to make concessions,” William Yang, a senior analyst in Northeast Asia told the Taiwan -based international crises group.
“China believes that the momentum is on its side because Trump has a stronger desire to sign a deal with Beijing so that he can demand victory and secure a summit with Chinese President Xi Jinping in the fall,” said Yang.
Such a summit can take place around October 31 in November. 1 The Summit of Economic Cooperation in Asia Pacific in South Korea, which may be attended by both leaders.