According to CNBC, U.S. President Donald Trump has signed an order to extend the tariff truce with China for 90 days. The truce was originally set to expire this Tuesday, and both sides had previously agreed to lower the tariffs imposed on each other and ease restrictions on rare earth magnets and certain technology exports. During the extension, U.S. tariffs will remain at 30%, and Chinese tariffs will remain at 10%, while rare earth exports will be restored.