Signed, Trump officially extended China's tariff period by 90 days
Sunny Worldwide LogisticsIt is a logistics company with more than 20 years of transportation experience, focusing on European, American, Canadian, Australian, Southeast Asia and other markets, and is more than the owner of the cargo owner~
On August 11, local time, US President Trump signed an executive order.The suspension of tariffs on China will be extended for another 90 days.
The tariff truce between China and the United States will expire at 12:01 noon Beijing time on August 12.Hours before the tariff deadline is about to expire, Trump signed an executive order to extend the tariff truce with China until November 10, 2025.
The tariff truce is extended to November 10, winning a critical time for the peak export season of the autumn Christmas season (including electronics, clothing and toys and other products) to export these goods at a lower tariff rate.
Currently, China's exports to the United States are subject to a 30% tariff, including a 10% reciprocal tariff, and a 20% fentanyl tariff imposed by Trump in February and March.
Remind all freight forwarders and cargo owners to understand the tariff information in advance before shipment, check the latest shipping schedule and freight rates, and make a good cargo transportation plan.
