CHINESE and United States officials said today that they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their dispute.

China’s Commerce Ministry said that the two sides agreed to cancel 91 per cent in tariffs on each other’s goods and suspend another 24 per cent in tariffs for 90 days, bringing the total reduction to 115 percentage points.

The ministry called the agreement an important step for the resolution of the two countries’ differences and said that it lays the foundation for further co-operation.