U.S. levies on Chinese goods like toys, footwear and furniture could rise sharply if a deal is not approved by Tuesday’s deadline.

US President Donald Trump is set to make the final call on maintaining a tariff truce with China before it expires in two weeks, an extension that would mark a continued stabilization in ties between the world’s two biggest economies.

A tariff truce between Beijing and Washington has been extended another 90 days. US President Donald Trump signed an executive order extending a pause in sharply higher US tariffs on Chinese imports. China said it was hoping to see "positive" signals from the US administration.