A deal could end months of uncertainty about tariffs on China, but questions still remain. Here's what it means for business owners.

A White House official says the June talks with China over certain aspects of trade with the U.S. have been formalized into an agreement. CBS News' Weijia Jiang reports.

BANGKOK (AP) — The U.S. and China have signed an agreement on trade, President Donald Trump said, adding he expects to soon have a deal with India. Commerce Secretary Howard Lutnick told Bloomberg TV that the deal was signed earlier this week. Neither Lutnick nor Trump provided any details about the agreement.