The U.S.-China tariff truce has been extended for 90 days, delaying escalation to November 10, 2025. Tariffs on Chinese imports will remain at 30%, while U.S. exports to China will continue to face 10% tariffs. Global stock markets reacted positively to this extension, reflecting reduced trade tensions. The extension provides U.S. retailers with stability ahead of the holiday season. Both administrations view this as a pragmatic decision, though economists warn that without long-term solutions, it only delays future trade friction and uncertainty in the market.
Trade wars and tariff uncertainty introduce volatility into the global economy. For major enterprises, especially those with complex supply chains or international footprints, this creates hesitation around IT spending. CIOs and CFOs may want to delay large IT investments, reassess strategic priorities, and scrutinize every dollar of spend.
The extension pauses a surge in reciprocal tariffs, ensuring that tariffs on Chinese imports remain at 30% while U.S. exports to China continue to face 10% tariffs, saving businesses from sudden, steep duty hikes.
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