Trump: U.S. Won’t Use ‘Incredible Cards’ to Harm China Despite Trade Concerns

President Trump, during a meeting with South Korean President Lee Jae-myung, expressed his desire for a strong relationship with China while also stating his reluctance to take actions that could harm China. He highlighted that the US possesses considerable leverage but would not utilize it, explaining that doing so could be destructive. Earlier this month, an executive order was signed, modifying tariff rates based on ongoing discussions with China. This action was taken due to concerns regarding trade reciprocity and national security, as authorized by the Constitution and various US laws. The order builds upon a previous executive order that had highlighted persistent trade deficits as a national security concern, leading to the imposition of duties. Further orders raised tariffs on PRC imports in response to retaliatory measures by Beijing. In May 2025, Trump suspended additional duties for 90 days, replacing them with a revised rate. This suspension was scheduled to end on August 12, 2025. The latest order extends this suspension until November 10, 2025, in response to China’s efforts to resolve trade and security issues. The order details the continued suspension of specific tariff provisions. Implementation of the order will be managed by the Secretary of Commerce, the Secretary of Homeland Security, the United States Trade Representative, in consultation with several other officials. Trump also clarified that the measure would be implemented within the framework of the law and does not create any legal rights for any party against the US.