A trade truce has been reached between the US and China.

https://sg.finance.yahoo.com/news/trump-xi-talk-trade-economic-233226847.html

Basically, this is just about remaining a status quo since existing tariffs will remain with no new additional tariffs.

However, non-tariffs measures such as restrictions placed on China and the US companies will escalate in the name of national security concerns which may not seem to be trade-related.

Let's see how this will pan out since Trump is not a credible leader and always flip-flop on his agreements.