00:00Trump just hit pause on massive China tariffs again.
00:03Just hours before they were set to snap back into place,
00:06President Trump signed an executive order giving China a 90-day reprieve.
00:10These tariffs would have shot back up to 145%,
00:14with China hitting back at 125%, reigniting the peak of the trade war.
00:20But after late July talks in Stockholm, the two sides kept most tariffs lower.
00:2530% for the U.S., 10% for China.
00:27This latest delay keeps the fragile truce alive until mid-November.
00:32It's another example of Trump's unpredictable tariff moves,
00:35announced one day, changed the next.
00:37And on Sunday, Trump urged China to quadruple its soybean orders to cut the trade deficit.
00:43Soybean prices jumped Monday, but no word yet if China will bite.
00:47The countdown to mid-November has begun,
00:49and the trade war's next chapter is anyone's guess.
Comments