Trump Extends China Tariff Truce for 90 Days, CNBC Says

News August 11, 2025 at 02:55 PM
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What You Need To Know

  • The extension will ease worries of a renewed tariff war that threatens to choke off trade between the U.S. and China.
  • China-U.S. negotiations have been on a separate track from other talks the Trump administration has held with trading partners.
  • Trump’s 30% duties are comprised of a 20% levy tied to fentanyl and a 10% baseline charge.

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