U.S. Commerce Chief Signals 90-Day Extension of China Deadline

U.S. Commerce Secretary Andrew Lutnick said Washington is likely to grant a further 90-day extension to a China-related deadline, giving policymakers and companies additional time to make decisions. Lutnick offered no specifics on the issues under review but indicated the current schedule would be pushed back rather than allowed to lapse. Separately, China Securities Clearing and Exchange Corp. moved its own deadline for investors to pay a base consent fee under a debt arrangement, though details of the new timetable were not immediately released. The pair of timetable adjustments highlights continued efforts on both sides to manage outstanding financial and policy obligations amid prolonged Sino-American trade tensions.