WASHINGTON — U.S. President Donald Trump has signed an executive order extending a tariff truce with China by another 90 days, a White House official said on Monday with only hours to go before U.S. tariffs on Chinese goods were due to snap back to triple-digit rates.
The order followed a noncommittal answer by Trump to reporters as to whether he would extend the lower tariff rates a day after he urged Beijing to quadruple its purchases of U.S. soybeans.
A tariff truce between Beijing and Washington was set to expire on Tuesday at 00:01 ET (04:01 GMT).
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Donald Trump signed an executive order extending a tariff truce with China Monday, according to a White House official. REUTERS
The order prevents U.S. tariffs on Chinese
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