On-point: Will 90-day pause 'reset' U.S.-China relations?

The U.S. and China managed to agree to a break from their tariff spat for now.

Will the 90-day pause really 'reset' their relations and draw out an ultimate end to the trade war?

Let's turn to Professor Park Min-jung.

Welcome back.

1. Professor Park, I think we can all agree that the U.S.-China deal came sooner than we all expected.

What do you think was behind the outcome of Monday's negotiations?

Was China more desperate here?

Or the U.S.?

2. The U.S. and China have reached an agreement to slash tariffs by 115%.

It means U.S. tariffs on Chinese imports will fall to 30%.

It is a bigger cut than expected, but isn't 30% still a high tariff?

3. Then how is it a deal that satisfies both sides? Who won here? Did both win?

4. What's taking so long for South Korea and the U.S. to draw out a deal, then?

Or are we not behind that much? Taking much-needed time?

5. Last week, the UK became the first country to strike a trade deal with the U.S. The U.S. agreed to cut tariffs on cars to as low as 10%, while the UK will lower barriers on agricultural and auto products.

If South Korea were to make a deal with the U.S. by product, similar to the UK deal, what would it look like?

Thanks so much for connecting with us this morning.

We appreciate it.