The temporary truce meant US tariffs on China will fall to 30% from 145%, while China tariffs on the US drop to 10% from 125%. Trump says trade truce is back on track. July 28-29 - US and Chinese officials agree to seek an extension of their 90-day tariff truce after two days of talks in Stockholm. August 10 - Trump urges China to quadruple its soybean purchases from the US as the expiration of the trade truce looms on August 12. August 11 - US and China extend their tariff truce for another 90 days.