U.S. Trade Representative Jamieson Greer spoke Monday night with CNN's Kaitlan Collins, who asked: "If there were no major concessions made in Geneva by the Chinese officials, some businesses may ask,

U.S. and Chinese officials said they had reached a deal to roll back most tariffs and called for a 90-day pause to resolve further trade disputes.

The talks in Switzerland resulted in significant cuts to the tit-for-tat tariffs that had been stacked up since January on both sides. The US will lower those tariffs from 145% to 30%, while China's retaliatory tariffs on US goods will drop to 10% from 125%.

U.S. Treasury Secretary Scott Bessent on Sunday reported "substantial progress" in U.S. talks with China's top economic officials to de-escalate a damaging trade war, but offered no details of an agreement reached as two days of negotiations wrapped up in Geneva.

The United States and China slashed tariffs on each other’s goods in a surprise breakthrough aimed at reviving trade between the economies. — British plane and aircraft parts are exempt from any potential tariffs that could stem from the Trump administration’s latest Section 232 investigation.