Beijing - United States - China's tariff cuts, even if temporarily address a major pain point: Christmas gifts.

According to CNBC, nearly one-fifth of retail sales last year came from the Christmas holiday, according to data from the National Retail Federation. Sales rose 4% during the period to a record $994.1 billion.

“With the speed of Chinese factories, this 90-day window could address most of the product shortages in the U.S. during the Christmas season,” Ryan Zhao, director of the export-centric company Jiangsu Green Willow Textile, said in Chinese in CNBC Translation on Monday.

His company suspended production last month for U.S. customers. He expects the order to resume, but it does not have to be the same level as new tariffs are launched, as U.S. buyers have found alternatives based on Chinese suppliers in the past few weeks.

U.S. retailers usually place orders a few months in advance, providing enough lead time for factories in China to produce products and ship them to the United States before the major holidays. In early April, tariffs in global superpowers suddenly doubled, forcing some businesses to stop production, on whether supply chains can resume work in a timely manner to restore work on products on the shelves on Christmas.

"The 90-day windows occupy the potential Christmas disaster for retailers," Cameron Johnson, senior partner at Shanghai consulting firm Tidalwave Solutions, said on Monday.

“This will not help Father’s Day (sales) and will still have an impact on back-to-school sales, as well as the additional costs for tariffs and logistics, so prices will rise overall,” he said.

But the United States' responsibility for Chinese goods has not completely disappeared.

The Trump administration increased tariffs on Chinese goods by 20% in two phases earlier this year, citing the country's alleged role in the U.S. fentanyl crisis. Addictive drugs, mainly precursors produced in China and Mexico, cause thousands of overdose deaths in the United States each year

The subsequent Tit-for-Tat trade dispute soared the responsibility of exports between the two countries by more than 100%.

Although most tariffs have been suspended for 90 days under a new agreement announced by the United States and China on Monday, the previously imposed tariffs will remain in place.

UBS estimates that the overall weighted U.S. tariff rate on U.S. is now about 43.5%, including existing responsibilities imposed in the past few years.

Tony Post, CEO and founder of Topo Athletic, Massachusetts, said the total tariffs are now 47% for running shoes made in China, which is well above the 17% level in January. He said his company has lowered some costs from its Chinese factories and suppliers, but still has to raise prices slightly to offset the tariff impact.

"Although this is good news, we still hope that the two countries will reach an acceptable permanent agreement," he said. "We are still committed to Chinese suppliers and at least for the time being, we can continue to work together."

US retail giant Walmart refused to confirm the impact of tariffs on Chinese orders.

"We are encouraged by the progress made over the weekend and have more to say on the revenue call later this week," the company said in a statement to CNBC. The U.S. retail giant is scheduled to hold quarterly results on Thursday.

Last week, official data showed that China's exports to the United States fell by more than 20% from a year ago, but China's overall exports to the world increased by 8.1%. Goldman Sachs estimates that about 16 million Chinese jobs are related to making products for the United States