Treasury Secretary Scott Bessent told Fox News on Tuesday that the United States has had very good talks with China regarding tariffs as the countries attempt to reach a trade deal during a 90-day pause in tariff implementation.

President Donald Trump has signed an executive order, delaying the U.S. deadline for higher tariffs on Chinese goods by another 90 days, the White House said.

The United States and China agreed to pause tariff hikes on each other’s goods for an additional 90 days, a White House official told CNN. Without the agreement, tariffs were set to immediately surge,

By Trevor Hunnicutt, Andrea Shalal and Joe Cash WASHINGTON/BEIJING (Reuters) -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.

Notably, the U.S. and China decided to freeze most tariffs imposed since "Liberation Day" — with Washington imposing 145% tariffs on Chinese imports and Beijing imposing 125% tariffs on U.S. tariffs — for 90 days during Geneva talks on May 12. For now, the U.S. imposes 30% tariffs on Chinese imports, and China imposes 10% tariffs on U.S. imports.

President Donald Trump has postponed his high tariffs on Chinese imports for the next three months, maintaining a 30% tax on most goods in hopes of reaching a trade deal.

U.S. shoppers looking for fake Christmas trees and holiday decor this year will have fewer choices and face higher prices as tariffs on Chinese imports force retailers to scale back orders as they assess how tight customer budgets are.

The White House's abrupt move to double duties on Indian goods over its Russian oil purchases came with little warning and no clear path forward.

Brazilian President Luiz Inácio Lula da Silva's government launched the Sovereign Brazil Plan, a $5.5 billion emergency package to help counter U.S. tariffs.

For the first time India has overtaken China as the No. 1 exporter of smartphones to the United States, following Apple’s tariff-driven manufacturing pivot to New Delhi.