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Trump Extends China Truce for 90 Days, Averting Tariff Hike

Had the truce not been extended through Nov. 10, US tariffs on Chinese goods would have jumped to at least 54% starting on August 12.
This week, US President-elect Trump singled out Canada, Mexico and China for early action on tariffs, Walmart joined businesses in cutting back DEI programmes, and Black Friday offered a glimpse at how the election is shaping consumer sentiment.
President Donald Trump extended a pause of higher tariffs on Chinese goods for another 90 days into early November, stabilising trade ties between the world’s two largest economies. (Getty Images)

President

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