The U.S. and China on Monday announced the details of a trade agreement reached over the weekend in which the countries vastly scale back their massive reciprocating tariffs for 90-days.
https://justthenews.com/nation/economy/us-china-drop-high-tariffs-agree-90-day-pause
Just The NewsU.S., China drop high tariffs, agree to 90-day pauseThe U.S. agreed to drop its 145% tariff rate on Chinese goods down to 30%, while China agreed to lower its tariff rate on U.S. goods from 125% to 10%.