President Trump’s triple-digit tariffs on Chinese products disrupted global trade — but haven’t appeared to result in major concessions from Beijing.

Donald Trump has agreed to substantially roll back tariffs on China as the two nations continue to work toward a permanent trade deal.

Former Treasury Department Secretary Larry Summers said Monday that there was no question that President Trump blinked when it came to the recent agreement on a 90-day pause between the United States and China on most tariffs imposed on each other since early last month.