President Trump extends China tariff deadline by 90 days

Trade Negotiations - The US President signed an executive order to extend China trade negotiations for another 90 days [1] - The extension decision followed negotiations in Sweden between the US Treasury Secretary and Chinese counterparts [2] - A tariff snapback would have occurred if the deadline wasn't extended [3] Potential Commitments - The President was pushing for increased soybean purchases from China [3] - Details regarding commitments, including soybean purchases, are expected to be released shortly [3]