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Bessent Suggests Possible 90-Day Extension to U.S.-China Tariff Truce

Bessent indicates that upcoming U.S.-China talks may lead to another 90-day tariff suspension before the November 10 deadline.

Summary

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Terms & Concepts
  • Tariff Truce: A temporary suspension or reduction of trade tariffs between two or more countries, often to allow time for further negotiations.
  • 90-Day Roll-Over: An extension of an existing agreement or contract for an additional 90 days without significant changes to the terms.