The United States and China will make trade easier. They will make taxes on goods smaller.

But the agreement did not fix the problems between the U.S. and China. The agreement is for 90 days. This gives time for the U.S. and China to talk more. But the taxes are still higher than before. Businesses and people who invest money do not know if the agreement will continue.

America will tax Chinese goods less. China will tax American goods less.

Greer and Scott Bessent talked about lower taxes in Geneva.

They talked about trade problems and said they want to trade.

America put a 30% tax on things from China. This tax helps stop bad drugs from coming to America.

Last month, Trump made the tax 145%. China was angry, so he changed it on Monday.

China said the agreement is a good step to stop problems between the two countries and work together more.

The plan is good for people who make and buy things in both countries. It is also good for both countries and for everyone in the world, a ministry said.

China will stop some things it did because of the U.S.

Prices are going up because the two sides are less angry.

We don't know what will happen with the trade rules. It depends on if they can agree in the next 90 days.

Bessent said the U.S. and China will meet again soon.

But people with money were happy because trade talks between two big countries went well.

Stock prices went up a lot. Oil prices also went up. The dollar was stronger than the euro and yen.

This is a big step down, Mark Williams said. He said maybe the 90 days will not stop the fight forever.

A man from Harvard said the two countries stopped fighting about trade. But U.S. taxes on China are still big and will hurt people in the U.S.

Trump did not get anything from China, even though he caused problems.

Craig Singleton said the deal happened fast because both countries needed money.

Singleton said China had money problems. Many people lost jobs. Money left the country. They sold less to other countries. Trump liked the stock market. This deal is good for him.

News from the US and China made markets go up.

Prices were very high, then they were high. This makes trade and money between the two countries difficult.

He said it is good for the world economy because US taxes on goods might be big problems for trade, but they will not stop it.

Jay makes toys. He is happy because the tax on toys from China is less now. He wants the tax to be even less.

The manager told his team in China to send the toys. He thought prices would go up a lot. But they will go up a little, about 10% to 15%.

Foreman said the food was very bad, like old food that was not good to eat.