Treasury Secretary Scott Bessent participated in trade negotiations with China in May that resulted in a deal to temporarily ease up on strict tariffs imposed in April for 90 days.

US President Donald Trump has reportedly signed an order Monday to delay the reimposition of higher tariffs on Chinese goods, hours before a trade truce between Washington and Beijing was due to expire.

President Trump extended a pause of sky-high tariffs on Chinese goods for another 90 days into early November, stabilizing trade ties between the world’s two largest economies.