Mumbai, Aug. 12 -- The US and China have extended their trade truce until 10 November. The higher tariffs will be suspended for another 90 days, Beijing and Washington said in a joint statement. On Monday, Trump signed an executive order to extend the truce. Under the agreement, the US will hold its tariffs on Chinese imports at 30%, while China will keep a 10% tariff on American goods.

Published by HT Digital Content Services with permission from Capital Market....