Live Update
From the Liveblog of
Tuesday, August 12, 2025
Trump announces extending China tariff truce by 90 days
US President Donald Trump says he has ordered a 90-day tariff truce to delay reimposition of higher levies on Chinese goods, hours before a suspension between the two economies was set to expire.
“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,” Trump posts on his Truth Social platform.
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