US President Donald Trump has announced a 90-day extension of the truce on tariffs with China, marking a significant development in the ongoing trade negotiations between the two countries. The decision to extend the truce is seen as a positive step towards resolving the trade tensions between the US and China, which have been ongoing for several months. The extension provides a window of opportunity for the two countries to engage in further negotiations and work towards a mutually beneficial agreement.
The trade tensions between the US and China have had significant implications for global markets, and the extension of the truce is expected to provide some relief to businesses and investors. The US and China have been engaged in intense negotiations to address issues such as intellectual property, technology transfer, and trade imbalances. The 90-day extension is seen as a gesture of goodwill and a willingness to work towards a resolution.
