Trump to Keep 30% China Tariffs Till Late 2025, Analysts Say

Donald Trump  

Photographer: Chris Kleponis/CNP/Bloomberg

Donald Trump’s tariffs on China will likely remain at a level expected to severely curtail Chinese exports to the US after the 90-day truce, analysts and investors say, suggesting Beijing may have to endure further economic pain despite active talks.

US levies on Chinese products imposed this year will likely hold at 30% through late 2025, according to a Bloomberg survey that had 22 respondents from a mix of Asian, European and US fund managers, banks and research firms. While much lower than before the thaw this week, the current rate is high enough to wipe out 70% of Chinese shipments to the world’s largest economy in the medium term, Bloomberg Economics has projectedBloomberg Terminal.