US-China trade war truce: 5 things to know

Tariff rollback shows Washington constraints and offers exporters reprieve

250513 Yiwu2

The U.S. and China hail the trade war truce as progress, but analysts say the deal marks a temporary respite rather than a reset in bilateral ties. (Nikkei montage/Source photos by AP and Reuters)  

STELLA YIFAN XIE and WATARU SUZUKI

HONG KONG/SHANGHAI -- About a month into a trade war between the U.S. and China that rattled the world, both rolled back the bulk of tariffs in an unexpected move.

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