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U.S. Extends China Tariff Truce to Mid-November, Averting Steep Hikes; Pause on U.S. Reciprocal Tariffs Ends, Retailers Cut Import Forecast Through 2025, Small Carriers Return to Red Sea Transits

U.S. Extends China Tariff Truce to Mid-November, Averting Steep Hikes; Pause on U.S. Reciprocal Tariffs Ends, Retailers Cut Import Forecast Through 2025, Small Carriers Return to Red Sea Transits

This week: Trump extends U.S.-China tariff truce by 90 days, avoiding steep hikes ahead of holiday import surge US reciprocal tariff policy returns after months-long pause, businesses adapt to “new normal” After months of frontloading during the tariff...