Is US-China trade war over or tariff cuts may be just a temporary fix? All your FAQs answered

The US and China have agreed a deal that will significantly cut the import tariffs they have imposed on each other, in a major de-escalation of their trade war. US Treasury Secretary Scott Bessent said both countries would lower their reciprocal tariffs by 115% for 90 days. The announcement came after the two countries held talks in Switzerland.