It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.”

The tech industry is breathing a sigh of relief after the U.S. and China agreed to substantially lower tariffs, underscoring the prospect of de-escalation in a trade war that has been particularly

The S&P 500 logged its biggest gain in over a month after American and Chinese officials signaled a de-escalation in the trade war between the world’s two largest economies.

The United States and China will temporarily lower tariffs on each other's products, according to a joint statement, in a move to cool trade tensions and give the world's two largest economies three more months to resolve their differences.

The United States and China agreed on some preliminary changes to trade, ending a monthslong tariff standoff that worried global markets.

The United States and China announced Monday an agreement to drastically reduce tit-for-tat tariffs for 90 days, de-escalating a trade war that has roiled financial markets and raised fears of

Beijing is eager to re-set trade relations with the United States amid ongoing negotiations to resolve the two countries' trade war, a top White House economic aide said on Sunday.

The perception that China likely does not face an existential threat from the United States has had a stabilizing effect on policy in Beijing, which has responded to Trump’s escalation of trade tensions in April with patience,

China warns the US to stop blaming it for the fentanyl crisis, highlighting ongoing trade tensions and calls for constructive dialogue.- Watch Video on English Oneindia