Key Takeaways Stocks were buoyant on Monday after White House officials said the U.S. and China had agreed to scale back tariffs for 90 days as negotiators work on a long-term deal.The reprieve exceeded Wall Street's expectations and reassured some investors that President Trump's steepest tariffs are more a negotiating tactic than a permanent

America can explain to China its reasons for the tariffs in the simplest of terms: ‘We must raise revenue. Our government is nearly bankrupt.’ Y et another China “trade deal