In a stunning turn of events, the US and China announced a dramatic reduction in tariffs, which President Trump portrayed as a “total reset” with China. Stocks rose following the news, but what lies ahead once the 90-day reprieve expires remains uncertain.

On today’s Big Take podcast, Bloomberg Treasury reporter Dan Flatley joins host David Gura to discuss the major takeaways from these latest negotiations and what they could mean for the world’s two largest economies.

Read more:

• ‘Buy America’ Sweeps Across Global Markets After Trade Talks
• China Tariff Relief Spurs Shipping Rush, U-Turn on Price Hikes
• Nasdaq 100 Enters Bull Market After US-China Truce: Markets Wrap