Beijing is trying to win over other countries with vows of economic cooperation. But it won’t back down from its territorial claims, experts predict.

The tariff rollback is a significant win for Alibaba and its investors since it will lower the cost of importing goods into the U.S. This is still an important market for Alibaba’s international sellers. Regardless, you should keep in mind that 30% tariffs still remain, and there will no longer be a de minimis exemption.

The Trump administration has made moves to ease tariff tensions with China but new reports indicate that prices, including for cars, are on the rise.

The earlier 120% tariff rate on small packages from China valued under $800 will be lowered, the White House said Monday.

The 90-day pause on most reciprocal tariffs between the world’s two biggest economies “staves off a potential Christmas disaster for retailers,” one analyst said.

That is the U.S.’s effective tariff on China, with the deal announced after a weekend of negotiations, according to Evercore ISI. That figure includes levies in place be

President Donald Trump's tariffs on Chinese imports, which reached 145% in April, prompted waves of U.S. customers to suspend or delay orders for festive decorations, disrupting business for the likes of Lou Xiaobo, whose company Xubo relies on the U.S. for 20% of sales.

While many economists are saying the risk of an imminent recession has diminished since China and the United States agreed to lower tariffs earlier this week, JPMorgan Chase’s CEO, Jamie Dimon, is still penciling one in.