“I have just signed an Executive Order that will extend the Tariff Suspension on China for another 90 days. All other elements of the Agreement will remain the same,” Trump wrote. The new deadline will expire on Nov. 9. at 12:01 a.m.

Donald Trump has extended a trade war truce with China for another 90 days, two US officials have said, just hours before his Tuesday deadline to steepen tariffs on the world’s biggest exporter. The US president’s move was widely expected because his government has been reluctant to reignite the fierce trade conflict with Beijing that rattled markets in April when US levies on Chinese imports rose up to 145 per cent.

President Donald Trump extended a pause of higher tariffs on Chinese goods for another 90 days into early November, stabilizing trade ties between the world’s two largest economies.