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Home » Trump extends US-China tariff truce, Xi and Lula talk: SCMP daily highlights
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Trump extends US-China tariff truce, Xi and Lula talk: SCMP daily highlights

adminBy adminAugust 12, 2025No Comments2 Mins Read
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Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing.

1. Citing China’s ‘significant steps’, Trump extends US tariff truce

US President Donald Trump has signed an executive order extending by 90 days the US’s tariff truce with China, removing the risk of an immediate escalation hours before the ceasefire was set to expire, but leaving trade relations fragile.

2. Trump confirms ‘unprecedented’ deal to let Nvidia sell lower-end chips to China

Trump said on Monday that he had personally negotiated a deal with Nvidia chief executive Jensen Huang, letting the tech giant sell a lower-end chip in China in exchange for part of those sales revenues being paid to the US government.

3. China’s Xi calls for unity in talks with Brazil’s Lula amid US trade rupture

Brazilian President Luiz Inácio Lula da Silva and Chinese leader Xi Jinping spoke by phone for about an hour. Photo: Reuters
Brazilian President Luiz Inácio Lula da Silva and Chinese leader Xi Jinping spoke by phone for about an hour. Photo: Reuters

Brazilian President Luiz Inácio Lula da Silva has spoken by phone with Chinese leader Xi Jinping for about an hour, in a high-level contact aimed at reinforcing ties with Brazil’s largest trading partner while confronting a sudden rupture in trade relations with the United States.



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