Washington, D.C.: US President Donald Trump announced on Tuesday that he has signed an Executive Order extending the suspension of tariffs on Chinese imports for an additional 90 days. The decision, he said, ensures that all other provisions of the existing trade agreement between the two nations will remain unchanged.
In his official statement, President Trump confirmed, “I have just signed an Executive Order that will extend the Tariff Suspension on China for another 90 days. All other elements of the Agreement will remain the same.”
The move comes at a time when trade relations between Washington and Beijing remain a critical focus of global markets. The tariff suspension, initially implemented to ease economic pressure and facilitate smoother trade, was set to expire soon. This extension is expected to provide businesses on both sides more breathing room while negotiations and trade commitments continue.
Economic analysts say the decision could stabilize certain sectors reliant on imports from China, including manufacturing and technology. However, some policymakers have expressed concerns about the long-term implications of prolonged tariff relief.
While the White House has not elaborated on whether further extensions may follow, the President’s latest action signals a continued preference for maintaining current trade arrangements, at least in the short term.