US President Donald Trump has signed an executive order extending by 90 days the US’s tariff truce with China, removing the risk of an immediate escalation hours before the ceasefire was set to expire, but leaving trade relations fragile.
In the order released Monday night, Trump said that he took the action because Beijing had taken “significant steps” towards “remedying non-reciprocal trade arrangements and addressing the concerns of the United States relating to economic and national security matters”.
