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U.S. and China Buy More Time With Another 90-Day Tariff Truce Extension

Published: Jul. 30, 2025  1:37 p.m.  GMT+8
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Vice Premier He Lifeng shakes hands with U.S. Treasury Secretary Scott Bessent prior to a new round of China-U.S. economic and trade talks in Stockholm, Sweden, on Tuesday. Photo: Xinhua
Vice Premier He Lifeng shakes hands with U.S. Treasury Secretary Scott Bessent prior to a new round of China-U.S. economic and trade talks in Stockholm, Sweden, on Tuesday. Photo: Xinhua

The U.S. and China have agreed to extend a truce in their long-running trade conflict for another 90 days following high-level talks in Stockholm, Sweden this week.

The agreement, reached during two days of negotiations that concluded Tuesday, provides temporary stability in the fraught economic relationship between the world’s two largest economies. For businesses and global markets, the deal signals that both Washington and Beijing are, for now, prioritizing dialogue over the immediate re-escalation of a trade war that has disrupted supply chains and roiled markets since it began during President Donald Trump’s first term.

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  • The U.S. and China extended their trade truce for 90 more days, pausing 24% of reciprocal tariffs following talks in Stockholm.
  • High-level negotiations reaffirmed previous agreements from Geneva and the London framework, emphasizing dialogue over renewed trade conflict.
  • Both sides committed to ongoing communication, aiming to stabilize and improve economic and trade relations for mutual benefit.
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What Happened When
Early May 2025:
The U.S. and China agreed on the first 90-day tariff truce.
July 2025:
High-level U.S.-China trade talks were held in Stockholm, Sweden.
July 29, 2025:
High-level U.S.-China trade talks concluded in Stockholm, Sweden with an agreement to extend the trade truce by another 90 days.
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