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Donald Trump, Xi Jinping Agree To Trade Truce At G-20 Summit

Date:2018-12-03 15:15:02


U.S. President Donald Trump and Chinese leader Xi Jinping have pressed pause on the months-long escalation of their ongoing trade dispute. The White House announced the cease-fire following a two-hour dinner meeting on Saturday between Trump and Xi, held on the sidelines at the G-20 summit in Argentina.

The U.S. has agreed to delay by 90 days a planned increase in tariffs on $200 billion of Chinese imports so the two nations have time to iron out their trade differences — or at least attempt to do so, the White House said.