Faisal Islam: US and China step back from brink

It's a ceasefire on the main front of the global trade war. Global markets are rising again, and container ships can set sail across the Pacific.The progress made in US-China talks in Switzerland was far greater than expected. The prohibitive triple-digit tariffs are now down to just moderately high levels, at least for three months.The details were a little complicated, perhaps by design to enable both sides to…