The de-escalation provides both sides with breathing space to find a way to preserve trading ties that were threatening to grind to a halt.

US economic outlook improves, inflation forecasts drop and recession odds fall after US-China trade deal to reduce the highest tariffs for 90 days.

The agreement between China and the U.S. to cut tariffs and moderate their trade war is a welcome development, as it suggests the worst outcome facing the U.S. economy — a devastating recession — may be averted.

The relationship reset steers the U.S. economy back on a more familiar path as the major consumer of goods as economists lower recession odds.

President Xi Jinping vowed on Tuesday to boost China's footprint in Latin America and the Caribbean with a new $9 billion credit line and fresh infrastructure investment, although Brazil warned the region not to become too reliant on foreign funding.

Businesses are rushing to import Chinese goods after the U.S. struck a temporary deal. This "stop-go" nature of trade could still mean higher prices and doesn't ease uncertainty, an economist warns.

President Donald Trump’s temporary deal lowering tariffs on China has not only lifted the stock market, it’s also dropped the odds of a recession significantly, according to JPMorgan Chase.

Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth amid elevated uncertainty about the White House’s trade policy.

The agreement reached this weekend is an acknowledgment that a full-on economic divorce of the U.S. and China would be too painful for both sides.

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.

Brussel's envoy to Beijing said that "the situation is not improving" during candid remarks on trade ties Friday.