Trump Has Not Confirmed The US Tariff Deadline For China
JAKARTA - US President Donald Trump is not as straightforward as he usually talks. Trump avoided questions about whether he would extend the August 12 deadline for a higher US rate over Chinese goods.
"We'll see," Trump said while praising China's cooperation in negotiations with the US.
"We have dealt very well with China. As you may have heard, they are charging the United States a very large tariff," Trump told a news conference at the White House.
China is called Trump 'take care' well. Trump then touched on his good relationship with President Xi Jinping.
The delay in tariffs between Beijing and Washington will end on August 12, but the Trump administration hints the deadline could be extended.
Otherwise, the US tariff for Chinese goods will jump to 145%, while China's tariff for US goods will reach 125%.
Both sides in May announced a postponement in their trade disputes following negotiations in Geneva, Switzerland, by agreeing on a 90-day period to allow further negotiations.
They met again in Stockholm, Sweden in late July, but did not announce a deal to extend the deadline.
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US Treasury Secretary Scott Bessent said Washington has the potential to reach an agreement with China. Besseent is "optimistic" about the next step.
However, Trump pushed for additional concessions on Sunday, August 10 urging China to double its soybean purchases, although analysts question the feasibility of such a deal.