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

The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.

Online shoppers in the U.S. will see a price break on their purchases valued at less than $800 and shipped from China after the Trump administration reached a truce with Beijing over sky-high tariffs.

The White House last month paused far-reaching “reciprocal tariffs” on dozens of countries, just hours after the measures took effect. Trump has also eased sector-specific tariffs targeting autos, and rolled back duties on some goods from Mexico and Canada.

Dear Quentin, I just woke up to another surprising day on the markets. Stock prices are up after China and the U.S. clinched an agreement on tariffs. Forgive me, but I’m so confused. For most of April,

U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their trade disputes.

Analysts welcomed the de-escalation agreed in Geneva, but told Newsweek that many questions remain unanswered.

Trade experts anticipate a spike in trade during talks and a substantial deal, but the risk of inflation and economic slowdown may not be over.