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 on Tuesday will extend the 90-day trade truce between the United States and China for another 90 days, as he and Chinese President Xi Jinping hope to prevent an all-out trade war. The new deadline will expire on Nov. 9 at 12:01 a.m., according to CNBC. The Washington Examiner reached out to the White House for comment.

Fears about US tariffs hurting China’s economy were overblown. New data show that China posted a record $683.5 billion trade surplus.