A 90-day pause on punishing tariffs could restart trade between the world’s largest economies. But it is not enough to resolve uncertainty about the economy.

All three major stock indexes posted their biggest single-day gains in a month after President Trump announced a 90-day pause on his 145% reciprocal tariff against China. Scott Lincicome, a vice president at the Cato Institute's Trade Policy Center,

Bitcoin jumps past $105K as U.S. and China announce temporary tariff cuts, signaling a thaw in trade tensions and boosting market sentiment.

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

GENEVA — The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed expectations as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and roiled financial markets.