Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.

President Trump issued an executive order, “Modifying Reciprocal Tariff Rates to Reflect Discussions with the People’s Republic of

U.S. investment markets were riding a value surge following a new U.S.-China trade agreement announced Monday that temporarily slashes retaliatory tariffs from both countries by 115%. As of late Monday morning,

U.S. Trade Representative Jamieson Greer said the U.S. agreed to drop its 145 percent tariff rate on Chinese goods to 30 percent.

Both countries have agreed to reduce reciprocal tariffs by 115% for an initial 90-day period as talks continue.

Stock markets rose sharply as the globe’s two major economic powers took a step back from a clash that has unsettled the global economy. Economists warned that tariffs still remained higher than

VCG. The UK government has hit back at suggestions the tariff agreement it reached with the US last week could be damaging to China, BBC reported on Wednesday. It

Amazon.com shares are surging in response to the U.S. and China temporarily rolling back tariffs. Amazon’s stock was up about 8% Monday, trading at more than $208 a share. The positive response is a reprieve after investor concern loomed over the company,

The company's first quarter earnings report showed a profit, but revenue was not as much as Wall Street expected.

The 90-day tariff truce between the US and China is expected to increase shipments and production over the next three months.