FX.co ★ China Extends Tariff Suspension after U.S. Move

China declared on Tuesday that it will extend the suspension of additional tariffs on U.S. goods for an additional 90 days, in response to President Donald Trump's executive order prolonging the tariff truce. The Commerce Ministry revealed that tariffs on specific U.S. goods would continue to be maintained at 10%. In conjunction with this, China will also focus on tackling non-tariff barriers impacting American products. This decision is part of the ongoing efforts between both nations to mitigate trade tensions and pave the way for further negotiations. The extension is viewed as a proactive measure to avert new escalations in the ongoing trade dispute.