The White House said it was announcing a trade deal without providing any details. Representatives from the U.S. and China had been meeting in Switzerland.

T he United States and China have agreed to de-escalate their trade war for an initial 90-day period. Negotiations between the two countries took place over the weekend in Geneva,

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.