Hey fam! 🌟 The Chinese mainland and the U.S. have decided to extend their pause on 24 percentage points of reciprocal tariffs for another 90 days, kicking in August 12, 2025. This means more room to breathe for businesses and shoppers across the globe.
These talks—held in Geneva, London and Stockholm earlier this year—aim to turn down the heat on trade friction and dial up collaboration. Chinese Vice Premier He Lifeng highlighted the need to enhance consensus, reduce misunderstandings and strive for more win-win outcomes.
But why does this matter? Tariffs are basically taxes on imports. When they go up, prices for gadgets, clothes and other goods can spike, supply chains become messy and growth slows. By extending this tariff truce, both sides are betting on smoother trade and a more stable global economy. 💼🌍
For us in South and Southeast Asia, a healthier China–U.S. trade relationship can mean steadier tech releases, fairer prices and less drama in the global markets. Think of snagging that new smartphone without surprise fees, or having your online shopping cart stay within budget.
Bottom line: cooperation > conflict. If the Chinese mainland and the U.S. keep building on this momentum, it’s a win not just for mega economies but for young pros everywhere watching the next big trends. Stay tuned! ✌️
Reference(s):
cgtn.com
