A 90-day pause on imposing higher tariffs on China is due to expire on Tuesday and it is unclear if it will be extended.

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.

US President Donald Trump said he will hold off on raising tariffs on Chinese goods over the country’s purchases of Russian oil, citing progress he said was made with Vladimir Putin toward ending the war in Ukraine.

China has reported its economy showed signs of slowing in July as factory output and retail sales slowed while housing prices fell further.

The United States and China agreed to pause tariff hikes on each other’s goods for an additional 90 days, a White House official told CNN. Without the agreement, tariffs were set to immediately surge,

Last week, President Donald Trump announced an additional 25% tariff on Indian exports, citing New Delhi’s continued imports of Russian crude. India is the world’s second-largest buyer of Russian oil after China.

B.C. canola farmers are collectively staring down millions of dollars in losses after China slapped new anti-dumping duties on Canadian canola, just weeks before harvest begins.

Australians fear Donald Trump’s tariffs more than China’s military build-up, according to a major poll. The US president has mulled whether to slap further levies on sectors that would hit Australian producers hard, such as 250 per cent rates on pharmaceuticals.