China, Trump and tariffs
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WASHINGTON (AP) — President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world’s two biggest economies.
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.
China and the U.S. have agreed to continue their tariff pauses on each other, China's top trade official said Tuesday in Stockholm, following a two-day meeting with U.S. officials.
China’s new tariffs have slammed the door on one of Canada’s biggest agricultural export markets, canola. For decades, canola has been the “Cinderella crop” of Western Canada, delivering unmatched returns and supporting rural economies from field to processing plant.