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U.S. and China agree to 90-day trade truce extension

CNN · Recent
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CNN
Recent

The United States and China agreed to pause tariff hikes on each other’s goods for an additional 90 days, according to an executive order signed by President Donald Trump on Monday.

Breakdown
  • U.S. President Trump extended the trade truce with China by 90 days.
  • The extension prevents tariffs from rising and maintains lower rates. 5s
  • Lower tariffs will remain in place during a key export period for the U.S. holiday season. 15s
  • Major trade issues remain unresolved, including technology, energy, and agricultural disputes. 26s
  • The extension could lead to further talks between U.S. and Chinese leaders. 44s
International PoliticsEconomy

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Global Tariffs

Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.