Tag #Trade Truce Extension

What immediate impact does the 90-day extension of the trade truce have on US-China trade relations and global markets?

President Trump extended the trade truce with China for 90 days, delaying the implementation of tariffs. This follows a previous agreement reached in May, preventing the imposition of 145% tariffs on Chinese imports. The decision came after officials from both countries met in Stockholm last month, expressing hope for an extension.