China hailed a trade agreement with the U.S. that will see both sides sharply reduce their tariffs for 90 days, calling it an "important step" that could lead to "deepening cooperation" between the world's two largest economies.

The UK government said there was "no such thing as a veto on Chinese investment" in its tariff deal with the US.

Simply sign up to the Chinese trade myFT Digest -- delivered directly to your inbox. China has criticised a trade deal between the UK and US that could be used to squeeze Chinese products out of British supply chains,

U.S. and Chinese trade negotiators agreed over the weekend to lower mutually imposed triple-digit tariffs in a significant de-escalation of the ongoing trade war between Washington, D.C., and

The Trump administration agreed after talks in Switzerland to pare back its 145 percent in tariffs charged on imports from China to 30 percent.

The United States and China slashed sweeping tariffs on each others' goods for 90 days on Wednesday, marking a temporary de-escalation in a brutal trade war that roiled global markets