The White House's abrupt move to double duties on Indian goods over its Russian oil purchases came with little warning and no clear path forward.

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,

Treasury Secretary Scott Bessent told Fox News on Tuesday that the United States has had very good talks with China regarding tariffs as the countries attempt to reach a trade deal during a 90-day pause in tariff implementation.

China’s imports and exports from developing countries have doubled since 2015, according to a report from S&P Global. By comparison trade with the U.S. has risen only 28%. Chinese investment in developing countries has quadrupled in a decade.

President Trump’s order continues a reprieve from the threat of escalating tariffs and export controls, which rocked the global economy earlier this year.

China employs many unfair practices, and U.S. trade policy, including tariffs, should be aimed at balancing the scales, writes state Rep. .

President Donald Trump has signed an executive order, delaying the U.S. deadline for higher tariffs on Chinese goods by another 90 days, the White House said.

China’s turn to Brazilian soybeans could cost US farmers billions. China bought 54% of US soybean exports in 2023-24, worth $13.2 billion, according to the ASA. The country’s soybean imports hit a record July high this year.

By Trevor Hunnicutt, Andrea Shalal and Joe Cash WASHINGTON/BEIJING (Reuters) -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.

China and the United States delayed higher tariffs on each other's imports for 90 days, hours before a trade truce between the world's two largest economies was due to expire

The US has threatened a 25 per cent tariff on Indian goods, citing its purchase of Russian oil, which Trump says funds Moscow’s war in Ukraine.