President Donald J. Trump has signed an Executive Order to continue the suspension of heightened tariffs on China. The administration says this measure is needed to support ongoing discussions with China regarding trade imbalances, unfair practices, and increased market access for American exports.
The White House stated that the action aims to address what it describes as a national emergency caused by the persistent trade deficit with countries such as China. According to the statement, "President Trump is taking action that he deems necessary to address the national emergency involving our growing and persistent trade deficit with foreign trading partners, such as China, and the consequences of that deficit. President Trump is ensuring that our trade policy works for the American economy, levels the playing field for American workers and producers, and strengthens America’s defense industrial base."
Both countries have agreed to keep working through negotiations in order to resolve their differences over trade and economic issues. The administration noted: "The United States and China are committed to ongoing negotiations to resolve trade disputes and strengthen economic ties."
The decision comes amid continuing efforts between Washington and Beijing to reach agreements on key areas including market access for U.S. products.
