Economic Buzz: US-China tariff deadline extended by three-months

The US and China have extended their trade truce until 10 November. The higher tariffs will be suspended for another 90 days, Beijing and Washington said in a joint statement. On Monday, Trump signed an executive order to extend the truce. Under the agreement, the US will hold its tariffs on Chinese imports at 30%, while China will keep a 10% tariff on American goods.

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