The United States and China have extended their tariff truce for another 90 days, avoiding hefty tariffs worth hundreds of billions as U.S. retailers prepare to stock up ahead of the year-end holiday season.
U.S. President Donald Trump announced on Truth Social that he had signed an executive order suspending higher tariff rates until November 10, while keeping all other truce terms in effect.
China’s Ministry of Commerce issued parallel measures, announcing it would take steps to address non-tariff barriers facing U.S. products.
Source (Al Arabiya.Net Website, Edited)
