The world’s two biggest economies agreed to a temporary rollback of most of their recent levies after negotiating in Switzerland over the weekend.

U.S. Trade Representative Jamieson Greer said the U.S. is holding concurrent trade talks with China and other countries. "All of this is happening in parallel, and we are happy to move as quickly as other parties are willing to move,

Trade talks between the U.S. and China resumed in Switzerland on Sunday as President Trump took to social media to say "great progress" was being made. Trump said in a post late Saturday that the weekend talks were going well, with "many things discussed, much agreed to."