Image: ln24SA
U.S. President Donald Trump has announced a 90-day extension of the tariff truce with China, pushing the deadline to November 10, in an effort to ease tensions and allow space for renewed trade negotiations between the world’s two largest economies.
The move comes amid growing concern over the escalating U.S.–China trade dispute, which recently saw both countries impose tariffs of over 100% on each other’s goods sparking fears of economic disruption in global markets.
“This is a necessary step to keep the door open for meaningful progress,” a senior administration official said.
The decision to extend the truce was widely expected after weeks of back-channel diplomacy and statements by both sides indicating a desire to prevent further economic strain. By delaying the next round of tariff hikes, Washington aims to give negotiators additional time to work toward a comprehensive agreement addressing long-standing issues such as intellectual property, market access, and technology transfer.
While no formal deal has been reached, the extension signals cautious optimism and reflects a mutual interest in avoiding further escalation.
Conclusion:
The new deadline of November 10 sets a tight window for trade negotiators to make headway. Whether this reprieve leads to lasting resolution or simply delays further conflict remains to be seen, but for now, global markets may breathe a temporary sigh of relief.
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