On August 11, US President Trump officially signed an executive order extending the US-China tariff truce, originally scheduled to expire on August 12, for 90 days, suspending the implementation of new tariff measures. This means that the current tariff levels on both sides will remain until approximately November 9, with a 30% tariff remaining on Chinese exports to the US and a 10% tariff on US exports to China.This executive order stems from the high-level US-China trade talks held in Sweden at the end of July, during which both sides confirmed their intention to extend the truce to avoid further escalation of trade friction amidst the current global economic uncertainty. The extension is widely viewed as a signal of steady progress in Sino-US relations. For businesses, existing supply chains and export plans can continue to operate at the current tariff rates, eliminating the need to deal with sudden tariff adjustments in the short term. For the market, maintaining the current tariff levels will help stabilize investment sentiment and the international trade environment. Regarding the prospects for negotiations, while the truce has been extended, core differences remain, and the next 90 days will be a critical period to test whether the two sides can reach an agreement.The White House statement also stated that the U.S. Treasury Secretary and the Chinese Commerce Minister will hold two rounds of meetings in September and October to discuss longer-term tariff arrangements and adjustments to trade rules. This tariff truce extension is not the end of the truce, but rather another buffer period in Sino-U.S. trade relations. Whether the two sides move toward long-term cooperation or further tariff increases after 90 days will depend on substantive progress in subsequent negotiations. For foreign trade companies and investors, this period provides both a breathing space and a critical window for pre-emptive planning.

Hanyue International will continue to monitor Sino-U.S. tariff developments and global trade policy trends. In light of international trade rules, commodity classification standards, and supply chain trends, we will provide foreign trade companies with tariff impact assessments, compliance strategies, and cross-border market optimization advice. We can provide tax-related product lists, tax burden calculations, and customized solutions tailored to the specific characteristics of different companies and products, helping businesses navigate the uncertain international trade environment with stability. For a specific tax-related product list or customized business response plans, please contact our customer service for dedicated support.