China cut its tariffs on American goods to 10 percent from 125 percent. If a deal is not reach in 90 days, the tariffs could go back up, though Mr. Trump said on Monday that they would not rise to ...

“China was being hurt very badly.” According to Donald Trump, the 90-day trade truce between America and China is a win for his administration and its tactics of kamikaze trade escalation.

China, however, retaliated with countermeasures of its own, imposing steep tariffs on American imports. Trump decided to make an example of the country. “Based on the lack of respect that China ...