U.S. and China Extend Tariff Truce, Delaying Steep Trade Duties Ahead of Holiday Season

The United States and China have agreed to extend their tariff truce for another 90 days, averting a dramatic escalation in trade duties that could have crippled cross-Pacific commerce. The deal comes just as U.S. retailers prepare to stock up for the crucial end-of-year holiday shopping season. U.S. President Donald Trump announced the extension on…