President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world’s two biggest economies. Trump posted on his Truth Social platform that he signed the executive order for the extension,

The United States and China have extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as U.S. retailers get ready to ramp up inventories ahead of the critical end-of-year holiday season.

China and the United States on Tuesday extended the pause on tariff hikes on each other's goods for another 90 days, a move that market watchers and exporters said will help address trade frictions through dialogue and ease anxieties of businesses.