“As part of a deal hammered out in Geneva over the weekend, the US will lower additional tariffs on Chinese goods to 30 percent from 145 percent and China will reduce duties on US imports to 10 percent from 125 percent. China said it would also ‘suspend or cancel’ non-tariff measures taken against the US,” the Financial Times wrote.

The deal announced today “did not address what would happen to low-value ‘de minimis’ ecommerce packages shipped from China to the US,” Reuters wrote. The US imposed 120 percent tariffs on those packages.