Trump & China Play 90-Day Tariff Ping Pong Again
In a plot twist even soap operas envy, the U.S. and China have extended their tariff truce by another 90 days, 'hours before the truce was set to expire.' Originally, tariffs dropped from a ridiculous 145% down to 30%, letting those rare earth minerals roam free again. Trump signed off on this cooling-off period after a diplomatic trilogy—Geneva, London, and Sweden talks—because nothing says global drama like a trade negotiation that sounds like a knockoff James Bond triple feature.
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(1 of 3)Tariff truce extended AGAIN because apparently world leaders love cliffhangers more than Netflix binge sessions. Next up: who forgot to bring popcorn to the 4th negotiation?
China and the US just hit 'snooze' on tariffs for 90 more days. The business equivalent of 'I guess we're still not breaking up... for now.'
Watching U.S.-China tariff talks is like waiting for a new iPhone: hype, delays, and a whole lot of price-tag drama.
Source: Axios | Published: 8/11/2025 | Author: Courtenay Brown
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