On Sunday, February 24, U.S. President Donald Trump announced that his administration is suspending the March 1 implementation of additional tariffs on $200 billion worth of Chinese imports, citing “substantial progress” during trade talks between American and Chinese officials in Washington this past week. As part of the negotiations, Mr. Trump announced that the U.S. and Chinese had forged a compromise on key issues, including forced technology and intellectual property transfers for U.S. firms doing business in China. Additionally, China has agreed to increase purchases of American agricultural goods and energy products.