U.S. companies that trade with China welcomed the decision. Businesses now have more certainty to plan ahead for the next few months. Many hope talks will result in better access to Chinese markets and clearer trade rules. In China, the move was also seen as a relief. The country’s export-driven economy faces challenges from U.S. trade policies. Keeping tariffs from rising allows Chinese manufacturers to hold onto some stability.
Markets reacted with optimism. Asian stocks rose, and currencies steadied. Investors see the extension as a sign that both sides want to avoid a major escalation.
