US and China extend trade truce for another 90 days

United States President Donald Trump on Monday extended a trade truce with China for another 90 days, delaying once again a dangerous showdown between the world’s two biggest economies.

Trump posted on his Truth Social platform that he signed the executive order for the extension, and that “all other elements of the Agreement will remain the same.” Beijing at the same time also announced the extension of the tariff pause,…