President Donald Trump has announced that the United States has signed a trade agreement with China and expects to finalize a deal with India soon. Commerce Secretary Howard Lutnick confirmed the signing but provided no further details.

Stocks roared back to life on Monday as the United States and China agreed to ease tariffs for 90 days, sparking optimism in the markets. The temporary reduction in trade barriers signals a potential thaw in the trade tensions between the two largest economies.