The United States and China have agreed to extend the pause on increasing tariffs for another 90 days, averting an immediate escalation in their ongoing trade dispute. This extension provides both countries with additional time to continue negotiations aimed at reaching a comprehensive trade agreement. The decision offers a temporary reprieve for businesses and consumers who have been impacted by the existing tariffs and the potential for further increases. The stakes are high, as the outcome of these negotiations will significantly impact the global economy and trade relations for years to come.