On "Forbes Newsroom," author and U.S.-China relations expert Gordon Chang discussed the U.S.-China trade deal.

China hailed a trade agreement with the U.S. that will see both sides sharply reduce their tariffs for 90 days, calling it an "important step" that could lead to "deepening cooperation" between the world's two largest economies.

Beijing is trying to win over other countries with vows of economic cooperation. But it won’t back down from its territorial claims, experts predict.

Global banks are reviewing their China calls after the thawing of trade relations between Washington and Beijing.

It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.”

Global markets are rallying on optimism over Washington and Beijing reaching a major, if temporary, détente in their tariff fight.

From the BBC World Service: There's been a thaw in U.S.-China relations, with a 90-day deal to ease their escalating trade war.

"China and Brazil are getting together. They're going to build infrastructure, and they're going to make SAF and they're going to build railroads, and it's not good for us and our future. That's why we need new markets,

President Donald Trump‘s top aides spilled the beans Wednesday about how they convinced him to back off his sky-high tariffs on China. They boasted to The Washington Post that they used data showing how his base of support—in particular truckers and longshoremen—would be hurt by the levies to change his mind.