Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while China’s moved to 10% from 125%, per a joint statement

China has removed a ban on airlines taking delivery of Boeing planes after the United States and China agreed a temporary cut in steep tariffs, Bloomberg News reported on Tuesday, citing sources familiar with the matter.

China has removed its ban on airlines accepting Boeing planes after Beijing and Washington agreed to temporarily reduce the steep tariffs on one another.

U.S. stocks rallied after China and the United States announced a 90-day truce in their trade war NEW YORK — Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war .

U.S. and China have agreed to temporarily reduce tariffs for 90 days. Here are the details. 01:38. News of a U.S. agreement with China to temporarily ease tariffs sent stocks soar