US President Donald Trump
US President Donald Trump on Monday (August 11, 2025) extended the trade agreement with China for 90 days, which has once again averted a dangerous conflict between the two largest economies in the world. US President Donald Trump posted on his Truth social platform, which wrote that he has signed an executive order for China’s tariff expansion, and “all other elements of the agreement would remain the same.” Not only this, Trump even said that his relationship with Xi Jinping is very good and China is behaving very well.
The softening of America seems to have perceived a meeting between Trump and Chinese President Xi Jinping at the end of this year. The path of the summit between the two countries has been cleared. American companies trading with China have also welcomed Trump’s decision.
Trump’s decision averted big crisis?
Let us know that the last deadline of the tariff on China was scheduled to end on Tuesday night at 12:01 pm. If something like this had happened about tariffs, the US could already tax more than 30% tax on Chinese imports, and Beijing could also take retaliation by increasing the counter duty on US exports to China. But with this tariff break of Trump, both countries have got time to resolve their differences.
Sean Stein, president of the US-China Trade Council, said that it is “important” to give time to the governments of both countries to talk on a trade agreement to China and America. American companies hope that this will improve their market access to China and the companies will get the necessary certainty to make moderate and long -term plans.
With China and America, the whole thing of tariff, learn
In June, the two countries signed an agreement to reduce stress. The US had said that it would lift the export ban on computer chip technology and ethane used in petrochemical production and China agreed to make access to rare soil minerals for American companies.
Earlier in May, the United States and China deferred an economic devastation by reducing the heavy charges imposed on each other’s products. The fee for China reached 145% and 125% for the US. In a meeting held in Geneva in May, the two sides agreed to continue the talks, reducing the US fee again to 30% and China’s 10%, which is still at a high level.
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