The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. The apparent agreement came together sooner than most observers expected after Trump's 145% tariffs on Chinese imports virtually halted $600 billion in annual trade between the world's two largest economies.

The United States and China agreed to a trade deal over the weekend, calling for a 90-day pause on most tariffs. The market responded accordingly by adding $2 trillion in valuation, giving investors a reason for optimism,

U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their trade disputes.

China has criticised a trade deal between the United Kingdom and the United States that could be used to squeeze Chinese products out of British supply chains, the Financial Times reported on Tuesday.

The White House backed off from the steepest levies, as the costs of an all-out trade war with China threatened global economic growth.

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer told reporters that more details would be provided on Monday.

China hailed a trade agreement with the U.S. that will see both sides sharply reduce their tariffs for 90 days, calling it an "important step" that could lead to "deepening cooperation" between the world's two largest economies.

In remarks Tuesday, less than 24 hours after the United States and China ... also have other tariffs to deal with. Those imposed during Trump’s trade war with China during his first term ...

The United States and China slashed sweeping tariffs on each others' goods for 90 days on Wednesday, marking a temporary de-escalation in a brutal trade war that roiled global markets

A 90-day trade truce between the U.S. and China has sparked a surge in container bookings. Despite record wind and solar capacity now exceeding thermal power in China, these renewables only met 22.5% of Q1 electricity demand. Baseload sources like coal and gas remain essential for an industrial rebound.

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.