China trade talks, sending stocks soaring on Monday.While the deal has removed some risks weighing on stocks, some say tariffs are still a threat.Here's what some of Wall Street's top commentators have to say as US-China trade tensions cool.

The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. The apparent agreement came together sooner than most observers expected after Trump's 145% tariffs on Chinese imports virtually halted $600 billion in annual trade between the world's two largest economies.

China has criticised a trade deal between the United Kingdom and the United States that could be used to squeeze Chinese products out of British supply chains, the Financial Times reported on Tuesday.

Representatives from China and the U.S. met for a second day Sunday to discuss trade policies amid fallout from President Donald Trump’s tariff plan.

GENEVA (Reuters) -Switzerland has moved to the front of the queue for a trade deal with the United States, U.S. Treasury Secretary Scott Bessent said on Monday, after the Alpine country hosted surprisingly successful U.S.-China trade talks this weekend.

When U.S. Treasury Secretary Scott Bessent this week said Switzerland and Britain had jumped to the front of the queue for a trade deal with the United States, he warned the European Union it was moving "much slower".

The de-escalation provides both sides with breathing space to find a way to preserve trading ties that were threatening to grind to a halt.

China hailed a trade agreement with the U.S. that will see both sides sharply reduce their tariffs for 90 days, calling it an "important step" that could lead to "deepening cooperation" between the world's two largest economies.

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer told reporters that more details would be provided on Monday.

There’s more to Monday’s soaring stocks than the pause in crushing China tariffs.

"That is leading us to put some cash to work," the lead portfolio manager for TheStreet Pro Portfolio said. After two days of negotiations in Switzerland, the U.S. and China agreed to temporarily slash their steep tariffs on each other.