The order followed a noncommittal answer by Trump to reporters as to whether he would extend the lower tariff rates a day after he urged Beijing to quadruple its purchases of U.S. soybeans.
“We’ll see what happens,“ Trump told a press conference, when asked how he planned to extend the deadline. “They’ve been dealing quite nicely. The relationship is very good with President Xi (Jinping) and myself.”
The two sides in May announced a truce in their trade dispute after talks in Geneva, Switzerland, agreeing to a 90-day period to allow further talks. They met again in Stockholm, Sweden in late July, but did not announce an agreement to further extend the deadline.
“It wouldn’t be a Trump-style negotiation if it didn’t go right down to the wire,“ she said, adding Trump could also announce progress in other aspects of the economic relationship as a backdrop for granting the extension.
Ryan Majerus, a former U.S. trade official now with the King & Spalding law firm, welcomed the news.
The White House declined to comment beyond Trump’s remarks. The Treasury Department and U.S. Trade Representative’s Office did not respond to requests for comment.
But Washington has also been pressing Beijing to stop buying Russian oil, with Trump threatening to impose secondary tariffs on China. - Reuters
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