US Treasury Secretary Scott Bessent said the trade deal from Donald Trump’s first tariff war with China gives the world’s two biggest economies “a very good framework” for upcoming discussions after the temporary lifting of levies between them.

Chinese imports to the U.S. dropped to their lowest levels since the pandemic as punishing tariffs began to take hold in March, according to recently released Census trade data.

The changes, which took effect on Wednesday, were described in a White House executive order and guidance from Customs and Border Protection.