US President Trump has extended the trade ceasefire with China for 90 days, averting a potential economic confrontation. This pause allows both nations to resolve differences and possibly arrange a meeting between Trump and Xi Jinping.

U.S. President Donald Trump has signed an executive order extending a pause in sharply higher U.S. tariffs on Chinese imports for another 90 days, a White House official said. A tariff truce between Beijing and Washington had been set to expire on August 12 at 00:01 (04:01 GMT),