An easing in President Trump’s tariffs on Chinese goods gave businesses some breathing room. Long-term planning, though, is still on pause.

The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for US small businesses, who remain cautious as tariffs are still sky high by historical levels and are also pressuring profits.

Monday's announcement of a temporary reduction in import tariffs is only the latest chapter in a nearly eight-year trade dispute that began during President Donald Trump's first term. The agreement, which followed discussions between American and Chinese representatives in Geneva,