To ease ongoing trade tensions, the U.S. and China have agreed to extend the temporary suspension of additional tariffs for 90 days, from August 12, 2025, to November 12, 2025. This agreement was reached following the third round of trade negotiations held in Sweden, characterized by a constructive atmosphere.
However, the two largest economies in the world have yet to resolve core disagreements, particularly regarding the U.S. trade deficit with China, which currently stands at around $400 billion.
U.S. Treasury Secretary Scott Bessent confirmed the extension, emphasizing that Washington aims to create more time for dialogue and achieve progress. He also warned that if no concrete results emerge soon, the U.S. will implement a previously announced plan to increase tariffs by 34%.
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This move indicates that both sides are still seeking solutions through negotiation, attempting to avoid escalating conflict through retaliatory measures. However, experts believe that the final outcome will depend on the ability to achieve substantive progress in the upcoming rounds of negotiations.
