By Trevor Hunnicutt, Andrea Shalal and Joe CashWASHINGTON/BEIJING (Reuters) -The United States and China have extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as U.

President Donald Trump extended a pause of higher tariffs on Chinese goods for another 90 days into early November, stabilizing trade ties between the world’s two largest economies.Trump signed an order extending the truce through Nov.

United States and China have agreed to extend their trade truce and tariff pause. According to Reuters, oil prices rose on Tuesday, August 12, after the two biggest economies of the world decided pause higher tariffs till November this year,