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Published Aug 12, 2025 at 3:55 PM IST
Trump Extends Pause on 145% China Tariffs for 90 More Days
US President Donald Trump has extended the suspension of sharply higher tariffs on Chinese imports by another 90 days, just before the initial pause was set to end on August 12. The move signals continued trade talks between Washington and Beijing. Under the truce, US import duties on Chinese goods were lowered from 145% to 30%, while China reduced tariffs on American exports from 125% to 10%, offering temporary relief to businesses and markets.