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.

U.S. President Donald Trump has signed an executive order extending a tariff truce with China by another 90 days, a White House official said on Monday with only hours to go before U.S. tariffs on Chinese goods were due to snap back to triple-digit rates.

President Donald Trump is extending a tariff truce with China for another 90 days, stabilizing trade ties between the world’s two largest economies.