Yeah, it appears that the tariffs that are already in place will continue, but the planned additional tariffs not yet in place will be placed on hold. So more of a ceasefire than a "deal".
The New York Times adds a bit of skepticism about a "victory":
The European Union has struggled to figure out what exactly the United States would like to gain through talks, and whether the Trump administration is negotiating in good faith, the senior official said.
White House officials have described their tariffs as a negotiating tool to secure better trade agreements. But meanwhile, the Trump administration has shelved previous talks with Europe over a broader trade agreement, called the Trans-Atlantic Trade and Investment Partnership.
If the issue is lowering tariffs, the European Union has proposals ready to reduce them, negotiators say. But they worry that the president’s real preoccupation is the United States trade deficit, an issue both government officials and economists say Europe is largely powerless to alter.
Which sounds about right. Trump continually talks about the
trade deficit, but currently tariffs don't really have much to do with that.
What do you despise? By this are you truly known. -- Frank Herbert
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