USA and China say 'no more taxes'.

But the two countries still have problems.

USA said: "We stop big tax. Tax is 30%." China said: "Our tax is 10% now. Not 125%."

Greer and Scott Bessent talk about less tax in Geneva.

They talked about problems with buying and selling.

America puts a big tax on things from China. This tax is to stop bad medicine from China. There are other taxes too.

Trump made the tax big last month.

China says the agreement is good. It helps the countries work together.

This is good for people who make things and people who buy things. It is good for two countries. It is good for the world.

China will stop some things.

Prices go up. People stop fighting.

We don't know what will happen with the trade rules between Washington and Beijing. Maybe they can fix things in 90 days.

Mr. Bessent said: "America and China leaders will meet soon."

People were happy.

Stocks go up. Oil price go up. Dollar go up.

Mark Williams said, "This is good." But he said, "Maybe the stop will not be long."

Dani Rodrik is an economist. He said the two countries are good now. But the U.S. tax on China is still big. It is 30%. This is bad for people in the U.S.

Trump got nothing from China.

Craig Singleton said the deal was fast.

He said China had problems. Trump wanted to win. This deal helps him win.

USA and China say something.

Stocks go up a lot.

Trade will be slow.

He said, "Maybe taxes on things from the U.S. will be big, but not too big."

Jay is happy. He makes toys. Toys are Care Bears and Tonka trucks. He is happy the price of things from China is lower. He wants the price to be more lower.

Boss said toys can go now. Prices go up 10% to 15%.

Foreman said, "They gave us bad food. It is not good."