WeChat QR Code

Home>News Center

Xi Jinping and Donald Trump agree to trade truce, no additional tariffs, China state media says

2018-12-02 08:52:10       source:South China Morning Post

December 2, 2018

US President Donald Trump and Chinese President Xi Jinping appeared to have reached a trade war truce on Saturday as they met across a dinner table at the G20 summit in Buenos Aires, Argentina.

The state-run China Daily and Chinese international broadcaster CGTN both said Trump and Xi agreed to not add additional tariffs “after January 1” - when Washington was set to raise the tariff rate on US$200 billion of Chinese imports from 10 per cent to 25 per cent.

Details of trade truce agreement, including what concessions China made, were not immediately available.

Read more: