The tariffs on Chinese imports imposed by Donald Trump are likely to remain at 30% until the end of next year. This conclusion was reached by Bloomberg after a survey of 22 representatives from funds and management companies, banks, and research firms from Asia, Europe, and the USA.

Although this rate is significantly lower than the previous 145%, it is enough to undermine 70% of export shipments from China to the USA in the medium term.

Respondents do not expect a quick removal of the tariffs following the 90-day truce: the new duties are too deeply entangled in the current standoff.

"Negotiations are likely to lead only to superficial agreements. There is little time left for significant changes in the positions of both countries before the midterm elections in the USA in 2026," said DNB Bank economist Kelly Chen.