The United States and China have extended their tariff deadline for another 90 days, preventing an escalation of the trade war between the world’s two largest economies, with markets rallying after President Donald Trump announced the pause.
With the extension, the imposition of higher tariffs on China will be suspended until November 10, with all other elements of an existing truce – which was set to expire on Tuesday – to remain in place.
“The United States continues to have…
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News Source: www.aljazeera.com
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