Tuesday, 12 August 2025

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US and China extend trade truce deadline to avoid tariffs hike

 Published: 11:26, 12 August 2025

US and China extend trade truce deadline to avoid tariffs hike

The US and China have extended their trade truce until 10 November, just hours before the world's two biggest economies were set to hike tariffs on each other.

The higher tariffs will be suspended for another 90 days, Beijing and Washington said in a joint statement.

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