US-China tariff deadline extended by 90 days

美中关税期限再延长90天

World Business Report

2025-08-12

26 分钟
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单集简介 ...

President Donald Trump has signed an executive order extending tariffs on China for another 90 days. Chip giants Nvidia and AMD have agreed to pay the US government 15% of Chinese revenues as part of an "unprecedented" deal to secure export licences to China. And remember that distinctive sound of dialling in via the internet in the early days of connecting? Well. It’s days are numbered….Yahoo has announced that it will discontinue AOL Dial-up Internet on September 30th.
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单集文稿 ...

  • Hello and welcome to World Business Report from the BBC World Service.

  • I'm Rahul Tandon.

  • Plenty coming up on this edition.

  • We'll take you to South America and we're going to tell you why Bolivia's dollar crunch is fuelling inflation and driving more people to the black market.

  • And remember this noise?

  • We will tell you why the end is near for dial-up internet.

  • Are you going to miss those sounds?

  • But we're going to start the programme by talking about trade relations between the countries with the world's two largest economies.

  • That, of course, is the US and also China.

  • Reports in the United States say that President Trump has now signed an executive order...

  • that will prevent high US tariffs on Chinese goods for another 90 days.

  • This back and forth around trade between Donald Trump and President Xi has now been going on for most of this year.

  • So let's take a quick look back on this epic round.

  • If you don't make your product in America, however, under the Trump administration,

  • you will pay a tariff, and in some cases, a rather large one.

  • And I said, if that tariff isn't removed by tomorrow at 12 o'clock,

  • we're putting a 50% tariff on above the tariffs that we put on.

  • China, 67%.

  • That's tariffs charged to the USA, including currency manipulation and trade barriers.

  • Both sides now agree to reduce the tariffs imposed after April 2nd to 10% for 90 days.