The United States and China have extended their trade truce for another 90 days, staving off triple-digit import duties on each other’s goods.
U.S. President Donald Trump announced on his Truth Social platform that he had signed an executive order suspending the imposition of higher tariffs until 05:01 GMT on November 10, with all other elements of the truce to remain in place.
China’s Commerce Ministry issued a parallel pause on extra tariffs early on Tuesday, also postponing for 90 days the addition of U.S. firms it had targeted in April to trade and investment restriction lists, Reuters said.
