US President Donald Trump has signed an order delaying the reimposition of higher tariffs on Chinese goods, US media reported Monday, hours before a trade truce between Washington and Beijing was due to expire.
The halt on steeper tariffs will be in place for another 90 days, the Wall Street Journal and CNBC reported. The world’s two biggest economies had imposed tit-for-tat tariffs on each other’s products this year before reaching a temporary truce in May.
