Global Daily Tax News, US, China Agree Further Trade Tariff Pause, (Aug 14, 2025)

The US and China have agreed to further delay the return of triple-digit tariffs on each other's goods by a further 90 days.

The agreement involves the imposition of a 30-percent tariff rate on Chinese goods by the United States and a 10-percent Chin ...

The US and China have agreed to further delay the return of triple-digit tariffs on each other's goods by a further 90 days.

The agreement involves the imposition of a 30-percent tariff rate on Chinese goods by the United States and a 10-percent Chinese tariff rate on US goods, until November 10, 2025.

The pause maintains the lower duty rates agreed between the two nations in May 2025, after tit-for-tat increases to duty rates that ended with the US applying a tariff rate as high as 145 percent on Chinese goods and a 125 percent Chinese rate on US goods.