The newly announced Sino-U.S. framework lays out a 90-day tariff truce of sorts, slashing American tariffs on Chinese goods from 145% to about 30%, while cutting Beijing’s retaliatory duties from 125% to 10%.

The White House has said its agreements with the U.K. and China are starting points, but so far the Trump administration has given up more than it has gained.

Donald Trump may have temporarily paused his trade war with China and other countries. But the extreme economic uncertainty unleashed by the president’s tariffs still raises the question of what, if anything,