The deal involves both nations cancelling some tariffs altogether and suspending others for 90 days, by 14 May. The result is that US tariffs on Chinese imports will fall to from 145% to 30%, while Chinese tariffs on some US imports will fall from 125% to 10%.

U.S. and Chinese officials will meet in Switzerland this weekend for their first talks since the onset of a tit-for-tat trade war. Can the U.S.-U.K. trade agreement reached this week pave the way for what Wall Street really wants: de-escalation with China?

Trump says he will sign an order aimed at cutting drug prices. Also, Pope Leo XIV warns of a 'piecemeal' third world war. It's all on the Excerpt.