US and China Extend Trade Truce, Avoiding Tariff Surge
TL;DR Summary
The US and China agreed to extend a 90-day pause on tariff hikes, avoiding a surge in tariffs that could have escalated trade tensions and impacted global markets, amid ongoing negotiations and unresolved issues.
Topics:nation#economic-impact#tariff-extension#trade-negotiations#us-china-relations#us-china-trade#world
- US and China agree to critical extension, preventing tariff surge on the world’s two largest economies CNN
- US, China extend tariff truce by 90 days, staving off surge in duties Reuters
- CNBC Daily Open: Investors seem conditioned to expect Trump reversals CNBC
- Trump admin live updates: Trump signs 90-day extension for trade truce with China ABC News
- Fact Sheet: President Donald J. Trump Continues the Suspension of the Heightened Tariffs on China The White House (.gov)
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