President Donald Trump extended a trade truce with China for another 90 days, at least delaying once again a dangerous showdown between the world’s two biggest economies.

A last-minute Trump executive order means US businesses get a slight reprieve on tariffs. They'll continue to pay 30% versus 145% until Nov. 10 unless the US and China can reach a deal.

President Donald Trump has signed an executive order, delaying the U.S. deadline for higher tariffs on Chinese goods by another 90 days, the White House said.