On one hand, the United States has increased tariffs on India, doubling rates from 25% to 50% a move that has heightened trade tensions and drawn sharp criticism from New Delhi. But now, on the other hand, the U.S. and China have agreed to extend their current tariff agreement for another 90 days. This means both countries will not add new taxes on each other’s goods during this period.
The goal is to give more time for trade talks and to try to resolve their ongoing disputes. The main issues include technology, market access, and protection of intellectual property. Officials from both sides say the extra time could help them reach a bigger trade deal, but experts warn that big differences still remain. If no agreement is made in 90 days, the U.S. could raise tariffs on Chinese products again, and China may respond with its own measures. This temporary extension gives businesses in both countries some short-term relief, but uncertainty about the future of U.S. China trade continues
Trade Twist: U.S. and China Delay New Tariffs for 90 Days
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