USA to extend trade truce deadline with China; delay raising tariffs
USA to extend trade truce deadline with China; delay raising tariffs
It is reported that the USA government has decided to postpone the 1 March deadline to raise import tariffs on Chinese goods from 10% currently to 25% as the trade truce discussion between the two countries has had some “substantial progress”.
There have not been any details on how long the truce would be extended and the date of the summit between the two leaders.