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The Political  is reporting that the United States and China are closing in on a deal.

The article reads:

The United States and China are closing in on a deal.that includes broad agreement on how the Trump administration will roll back a portion of the tariffs it has imposed on more than $250 billion-worth of Chinese goods, according to two people close to the talks.

The two sides have also reached an understanding on how to enforce the agreement, although the sources cautioned that details still need to be worked out when a Chinese delegation arrives in Washington on May 8.

Further reading:

So how are the Sino / U.S. trade talks going?