US and China Reach Agreement to Extend Tariff Suspension for 90 Days, Extended to Mid-November 2025
In a new move aimed at easing prolonged trade tensions, the US and China have agreed to extend the suspension of additional tariffs by 90 days, extending the deadline from August 12, 2025, to November 12, 2025. This preliminary agreement was reached during the third round of trade negotiations held in Sweden.
Although discussions continued in a constructive atmosphere, the world's two largest economies have yet to resolve core disagreements, particularly the US trade deficit with China, which currently stands at around $400 billion.
US Treasury Secretary Scott Bessent confirmed the extension and stated that Washington wants to create more time for dialogue and progress. However, he also warned that if no significant results are achieved in the coming period, the US will implement its previously announced plan to increase tariffs by an additional 34%.
This extension demonstrates that both sides are still striving to find negotiation solutions rather than escalating tensions through retaliatory trade measures. However, observers believe that the final outcome will depend on whether subsequent negotiation rounds can create substantial progress.
