The tariff rollback is a significant win for Alibaba and its investors since it will lower the cost of importing goods into the U.S. This is still an important market for Alibaba’s international sellers. Regardless, you should keep in mind that 30% tariffs still remain, and there will no longer be a de minimis exemption.

The US and China have agreed a truce to lower import taxes on goods being traded between the two countries. The agreement marks a major de-escalation of the trade war between the world's two biggest economies, which has sent shockwaves impacting countless other countries, including the UK. Here's what it all means.

Deal to reduce duties for next 90 days marks first sign of tension easing between the two economic superpowers