U.S. and China extend tariff truce deadline for another 3 months
President Trump's executive order extends a reprieve from the threat of rising tariffs between the world's two largest economies.


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President Trump's executive order extends a reprieve from the threat of rising tariffs between the world's two largest economies.

Last month, top US and Chinese officials held talks that both sides called "constructive".

Asia-Pacific markets traded higher as traders awaited announcement on whether the Aug. 12 deadline for U.S. - China tariff truce would be extended.

The Trump administration says more time is needed beyond next week's scheduled end to the U.S.-backed cease-fire to halt the threat from Hezbollah.
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