https://apnews.com/050e9d6229ca1d40ff48d62f01bc1d74

BEIJING (AP) — China on Friday suspended more punitive tariffs on imports of U.S. industrial goods in response to a truce in its trade war with Washington that threatened global economic growth.

Financial markets have welcomed announcements by both sides of reductions in penalties on each other's goods, though they have yet to resolve much of the conflict that erupted in 2018 over Beijing's technology ambitions and trade surplus.