The United States and China have extended their trade truce until November 10, avoiding an immediate hike in tariffs. This 90-day extension aims to provide more time for negotiations on trade imbalances and practices.

• Triple-digit tariffs on goods from both countries were suspended, meaning Washington will delay imposing 145% tariffs on Chinese goods, and Beijing will continue its pause on 125% duties on US shipments.
• US President Donald Trump signed an executive order to extend the tariff truce.
• The US cites a trade deficit of nearly $300 billion (£223 billion) with China in 2024, its largest with any trading partner.