President Donald Trump is reportedly prepared to announce a 90-day deferral on tariffs for certain apparel imports. The move, which comes amid a mounting COVID-19 pandemic crisis, would defer payments for most-favored nation duties and isn’t expected to apply to Chinese goods tariffed higher in the trade war. Most-favored nation, or MFN, tariffs are the highest rates countries agree to impose on other members of the World Trade Organization (WTO), for product groups like textiles, clothing and footwear.

Nearly 400 CEOs from major global companies sent a letter to President Trump recently imploring him to delay duty collection in light of the havoc coronavirus has already wreaked on businesses both stateside and worldwide. The request was for a 90- to 180-day deferral. The deferral the CEOs are seeking would help the companies preserve their cash flow at a time when funds have largely dried up with stores shuttered and sales stunted. Many retailers have already laid off workers or furloughed them, and executives are starting to take pay cuts.

The 90-day pause on import duties still awaits Trump’s approval, according to reports, but his sign off on some sort of deferral is expected.