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Trump delays China tariff hike again
The US president extended the trade war truce for another 90 days hours before the tariff hike deadline
US President Donald Trump on Monday extended the tariff truce with China for another 90 days. Beijing responded with a reciprocal move, announcing the suspension of retaliatory measures for the same period.
Trump signed an executive order on the pause hours before the previous 90-day truce was set to expire. The deadline is now extended until mid-November.
“I have just signed an Executive Order that will extend the Tariff Suspension on China for another 90 days. All other elements of the Agreement will remain the same,” Trump wrote on his Truth Social platform.
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