Trump extends tariffs on China for another 90 days

U.S. President Donald Trump has signed an executive order extending tariffs on China for another 90 dayswhile negotiations between the two superpowers continue.

The new tariff extension is expected after the latest US-China negotiations in Stockholm, Sweden, at the end of July.

The Chinese Ministry of Commerce has confirmed that shortly before Trump's executive order,it expected US "efforts to achieve a positive outcome based on equality, respect, and mutual benefit. "

As part of Trump's trade war, the US imposed 145% tariffs on Chinese products in April, while China raised US imports to 125%.

In May, both sides agreed in Geneva to reduce burdens (Washington reduced them to 30% and Beijing to 10%) and agreed to a 90-day delay, ending on 12 August.

Following the first meeting in Geneva and the call between Trump and Xi Jinping, negotiators from both sides met in London, where China agreed to export rare lands to the US, thereby lifting "restrictive measures" on Beijing.

The negotiators were in Stockholm for the third time last month, from where they expressed their willingness to extend the deadline for negotiations, but that announcement has not yet been confirmed.

Meanwhile, Trump asked China on Sunday to quadruple its soya purchases, which some analysts considered a condition for extending the deadline.

In recent days, Beijing has also condemned the import of oil from Russia for the Kremlin's refusal to stop the war in Ukraine, which would lead to the suspension of negotiations.

The Asian country defends its right to normal relations with the rest of its trading partners and rejects pressure from Trump, who will hold a historic meeting with Putin in Alaska on Friday to determine the status of disputes between the major powers.