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Donald Trump extends China tariff deadline for another 90 days

Earlier on Monday, Trump said he has been "dealing very nicely with China" as Beijing said it was seeking positive outcomes. The US and China have a history of escalating trade tensions, with tariffs on each other's products reaching prohibitive levels

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Donald Trump. Pic/AFP

Donald Trump. Pic/AFP

United States President Donald Trump on Monday (local time) signed an executive order extending the China tariff deadline for another 90 days, Al Jazeera reported. The decision came just hours before the midnight deadline in Beijing, when the previous 90-day pause was set to expire, CNBC reported on Monday, citing a White House official, quoted by Al Jazeera.

Earlier on Monday, Trump said he has been "dealing very nicely with China" as Beijing said it was seeking positive outcomes. The US and China have a history of escalating trade tensions, with tariffs on each other's products reaching prohibitive levels. In April, the US imposed a staggering 145 per cent tariff on Chinese goods, while China retaliated with 125 per cent tariffs on US products.

However, in May, both countries agreed to temporarily lower tariffs during a meeting in Geneva, Switzerland. The US reduced its tariffs from 145 per cent to 30 per cent, and China cut its tariffs from 125 per cent to 10 per cent. But the pause comes as negotiations still loom. Asked about the deadline on Monday, Trump said: "We'll see what happens. They've been dealing quite nicely. The relationship is very good with [China's] President Xi [Jinping] and myself."

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