Trump Extends US-China Tariff Truce for 90 Days
Down to the wire. Just hours before Washington and Beijing's tariff truce was set to expire, Donald Trump signed an executive order extending the deal by another 90 days, according to a person familiar with the matter. The move should ease worries of a renewed trade war and may clear the path for the US president to meet with Xi Jinping in late October. Also a boon to relations: Trump signaled openness to Nvidia selling a scaled-back version of its Blackwell AI chip to China, and confirmed an unprecedented revenue-sharing deal allowing sales to Beijing of its less-advanced H20 chips.
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