The US President Donald Trump signed an executive order extending the deadline for imposing new trade tariffs on China by 90 days, postponing punitive measures indefinitely as negotiations continue.
The Trump administration had initially set an August 12 deadline for China to agree to a trade deal, threatening additional tariffs if no agreement was reached. The unexpected extension follows reported backchannel diplomacy between the two nations.
US media outlets indicate the move signals potential diplomatic progress, with experts viewing it as a temporary de-escalation of trade tensions. The White House confirmed negotiations remain active, stating “the possibility of a trade agreement persists.”
While no specific concessions were disclosed, the delay suggests flexibility on critical issues like technology transfers and semiconductor trade. The development offers temporary relief to global markets monitoring the protracted US-China trade dispute.
