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.
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