Treasury Secretary Scott Bessent indicated the US is satisfied with the current tariff set up with China, a signal the Trump administration is looking to maintain calm with its economic rival before a trade truce expires in November.

Scott Moe, premier of the major grain-growing Canadian province of Saskatchewan, said on Thursday he will travel to China soon for talks to persuade Beijing to drop new tariffs on canola.

A 90-day pause on imposing higher tariffs on China is due to expire on Tuesday and it is unclear if it will be extended.

President Trump's executive order extends a reprieve from the threat of rising tariffs between the world's two largest economies.

Scott Moe, premier of the western Canadian province of Saskatchewan, said on Thursday that he would travel to China soon for talks on persuading Beijing to drop its new tariffs on canola. China hit Canadian canola seed imports with preliminary 75.

New bipartisan legislation aims to get “skin in the game” on trade and tariffs. The post Lawmakers take on China with new tariff bill appeared first on FreightWaves.

New Delhi’s frayed ties with Washington have added to a thaw in the frosty relationship with Beijing that began last year.