US and China Are Expected to Extend Trade Truce by 90 Days, SCMP Says
The US and China are reportedly planning to extend their trade truce by an additional 90 days, according to the South China Morning Post. The two countries have been engaged in a trade dispute, imposing tariffs on each other's goods. The upcoming extension would allow for further negotiations to resolve the ongoing trade tensions between the world's two largest economies. The report cites unnamed sources familiar with the matter, indicating that the extension is expected to be announced in the coming weeks. This move would provide more time for the US and China to reach a comprehensive trade agreement, which has proven challenging thus far. The extension comes as both countries have expressed a willingness to find a resolution, though the specific details of the ongoing negotiations remain unclear.
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