The source of this claim that I found is a man named Junaid Dar on the platform X. After diving into his background and who he is, he appears to be an entrepreneur. He is the founder and CEO of a cryptocurrency fund and a search engine called Seed Hunter. Seeing his X account and the way his profile looked, I was immediately skeptical of the truthfulness behind this claim. After taking this search to the internet, I was able to find an MSN article reporting the same topic. Given that MSN is a trusted, reliable source, I would say this claim is true. The MSN article confirms the claim reported by Dar on X is true, as well as reports on the effect that this new policy has on the economy and the global markets for roughly the next three months. It declares that, as the government has put these tariffs into place more recently, the panic of American people has set in, and this policy being set for the next 90 days has eased the worry of Americans when it comes to the financial well being of the country. Overall, this claim that I found reported by Junaid Dar appears to be true.
Link to MSN article:
https://www.msn.com/en-us/money/news/us-and-china-agree-to-roll-back-most-tariffs-for-90-days-as-negotiations-continue/ar-AA1EB9GZ?ocid=BingNewsSerp