US President Donald Trump on Monday ordered a delay in the reimposition of higher tariffs on Chinese goods, hours before a trade truce between Washington and Beijing was due to expire.
The White House’s halt on steeper tariffs will be in place until November 10.
“I have just signed an Executive Order that will extend the Tariff Suspension on China for another 90 days,” Trump wrote on his Truth Social platform.
While the United States and China slapped escalating tariffs on each other’s products this year, bringing them to prohibitive triple-digit levels and snarling trade, both countries in May agreed to temporarily lower them.
Their 90-day halt of steeper levies had been due to expire Tuesday.
Around the same time that Trump confirmed the new extension, Chinese state media Xinhua new