U.S., China pause higher tariffs on each other for another 90 days

Trade Policy - US and China extend tariff truce for another 90 days [1] - US tariffs on Chinese imports remain at 30% [1] - Chinese tariffs on US goods remain at 10% [1] - Original tariffs were scheduled to snap back to 145% and 125% respectively [2] Geopolitics and Trade Relations - India is considered an ally, but faces trade pressure [3] - China is considered the "worst" but receives more lenient treatment [3] - Pragmatic approach is prioritized over consistent principles in trade negotiations [4] - Maintaining trade relations with China is considered important [4] - Europe also deserves "tough love" in handling trade matters [6]