
[News] US China tariffs' ceasefire 'postponed
Release time:
Jul 31,2025
China and United States extend tariff suspension avoiding trade conflict amid future uncertainties.
On July 29th, China and the United States reached a consensus on suspending 24% equivalent tariffs and extending countermeasures, successfully extending the trade "ceasefire" agreement that was originally scheduled to expire on August 12th. This key decision effectively avoided a retaliatory rebound in tariffs between China and the United States, won valuable buffer periods for industry enterprises, and significantly eased global supply chain pressures. Previously, there were warnings that the resumption of the tariff war could lead to a 0.8% contraction in global GDP, and the decision to postpone has effectively boosted international market confidence.
This extension not only consolidates the economic and trade relations between China and the United States (China's import and export value to the United States surged by 17% month on month in June), but also drives the growth of Southeast Asian manufacturing export orders. However, the next 90 day window period still faces challenges such as the approaching US election, the US retaining a 10% "security buffer tariff", and the continued restrictions on high-end technology.
Against the backdrop of a temporarily stable global trade environment, it is recommended that relevant enterprises in the pulp molded industry:
Grasp the window and optimize the layout: Utilize the relatively stable cost period to accelerate the expansion of overseas markets, especially in regions less affected by trade frictions.
Strengthen compliance and pay attention to trends: closely monitor the details of US policies such as "security buffer tariffs" and the direction of the US election, and assess potential supply chain risks in advance.
Technological upgrading and building barriers: Continuously invest in research and development, use technological advantages to cope with possible fluctuations in trade barriers in the future, and enhance core competitiveness.
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