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.

After weeks of reciprocal tariffs by the US and China on each other's exports, a high-level meeting held in Geneva appears to have resulted in the reset button being firmly pressed. For an initial period of 90 days,

Treasury Secretary Scott Bessent said the US and China had agreed a 90-day pause and to "substantially" reduce tariff levels following talks in Geneva.