U.S. extends China tariff truce 90 days

- Washington and Beijing agreed to extend a tariff truce for 90 days after Geneva talks, positioning the move as a temporary de‑escalation rather than a full reset. - The U.S. has started issuing licences for Nvidia to export advanced AI chips to China, and President Trump urged Beijing to quadruple U.S. soybean purchases. - The extension buys time but stops short of rebuilding trust, keeping economic ties precarious and uncertain. (reuters.com)