Pakistan, Aug. 12 -- US President Donald Trump has signed an executive order extending the suspension of higher tariffs on Chinese goods for another 90 days, delaying their reimposition until November 10. The extension came just hours before the trade truce between Washington and Beijing was set to expire. Trump announced the decision on his Truth Social platform, saying the move would give both sides more time to reach a lasting agreement on trade disputes.

The current tariff rates, set under the May truce, will remain at 30 percent for US tariffs on Chinese goods and 10 percent for China's tariffs on US products. Chinese state media confirmed that Beijing will also extend its suspension of higher tariffs for the same period while retai...