China and the United States announced a truce in their trade war on Monday after talks in Geneva that will roll back the bulk of tariffs and other countermeasures by Wednesday. The United States is dropping the extra tariffs it imposed on China this year to 30% from 145%,

U.S. Trade Representative Jamieson Greer spoke Monday night with CNN's Kaitlan Collins, who asked: "If there were no major concessions made in Geneva by the Chinese officials, some businesses may ask,

The prospects for a major breakthrough still appear slight, but even a small drop in tariffs — particularly if taken simultaneously — could help restore some confidence.

The U.S. and China agreed to a 90-day pause in their trade conflict. Here's what China's tariffs on the U.S. looked like in 2024.

I spent four and a half years living there in the mid-1970s during trade negotiations called the Tokyo Round, which set the table for the current negotiations by lowering tariffs on manufacturers. The tariff rates that Trump complains about now were agreed to at the Tokyo Round and a decade later as part of the most-favored-nation round.

The new US-China trade truce has eased some of the pressure on global markets, but its impact on companies like Boeing highlights how disruptive the

Markets received a breather after a surprise 90-day tariff suspension between the US and China. It came after a high-level dialogue in Geneva last weekend, giving rise to optimism in global markets.

The U.S.-China tariff deal sent the tech-heavy Nasdaq soaring, entering a bull market, and economists are optimistic that the U.S. may dodge a recession.