President signs executive order extending deadline for higher tariffs hours before agreement was due to expire

From the surprising-absolutely-no-one dept.:

Donald Trump has once again delayed implementing sweeping tariffs on China, announcing another 90-day pause just hours before the last agreement between the world’s two largest economies was due to expire.

On Monday, Trump signed an executive order extending the deadline for higher tariffs on China until 9 November, officials confirmed to Reuters.

Chinese officials said earlier in the day they hoped the United States would strive for “positive” trade outcomes on Monday, as the 90-day detente reached between the two countries in May was due to expire.