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.

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When questioned by reporters this week, Trump signaled his willingness to negotiate with China. However, he did not originally commit to issuing a last-minute extension.

“We’ll see what happens,” Trump said about extending the tariff pause during a Monday morning press briefing.

“We’ve been dealing very nicely with China, as you probably have heard, they have tremendous tariffs that they’re paying to the United States of America, and we’ll see what happens,” Trump continued. “They’ve been dealing quite nicely. The relationship is very good with … President Xi [Jinping] and myself.”

China also said it wanted a “positive” trade outcome with the U.S.

“We hope that the U.S. will work with China to follow the important consensus reached during the phone call between the two heads of state … and strive for positive outcomes on the basis of equality, respect and mutual benefit,” Foreign Ministry spokesman Lin Jian said in a statement.

The U.S. and China finished a third round of negotiations in Stockholm late last month. Treasury Secretary Scott Bessent said another 90-day pause was discussed, but ultimately it would be up to Trump to decide. No statement has yet been issued.

David Gantz, the Will Clayton fellow at the Baker Institute for Public Policy, told the Washington Examiner that China is the one nation that has the “economic clout” to go toe-to-toe with the U.S.

“China, of course, is a different situation. You can raise tariffs on China if you want, but they retaliated,” Gantz said.

China severely limited the supply of rare earth minerals to Western defense manufacturers in the tit-for-tat trade battles with the U.S. However, Gantz said that, ultimately, another truce would likely be reached.

“I will be shocked if it isn’t extended for another 90 days, because if the U.S. terminates it, none of the auto companies here or elsewhere will have what they need to keep their assembly lines running,” Gantz said.

Had the 90-day pause not been extended, the U.S. would have slapped a 245% tariff on China, dramatically escalating a trade war with the Asian nation. China said it would retaliate with a 125% on U.S. goods.

Currently, China faces a 10% levy and a 20% extra tariff after Trump accused the nation of doing little to stem the flow of fentanyl into the U.S., while China has a 10% levy on U.S. goods.

In a Fox News Sunday Morning Futures interview, Vice President JD Vance said Trump is still deliberating over imposing additional tariffs on China for buying Russian oil, but he needs to consider the geopolitical effect it could have.

“The president said he’s thinking about it, but he hasn’t made any firm decisions,” Vance said. “The China issue is a little bit more complicated because our relationship … affects a lot of other things that have nothing to do with the Russian situation.”

TRUMP TARIFFS GO INTO EFFECT AS US BROKERS NEW TRADE DEALS

Trump previously slapped an additional 25% tariff on India for buying Russian oil, bringing the total levy to 50%.

The U.S. and China have the world’s two largest economies, and any trade war would have global consequence.