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China, U.S. agree to ceasefire in their bitter trade war after Trump, Xi summit

China and the United States agreed to a ceasefire in their bitter trade war. China will agree to purchase a not yet agreed upon, but very substantial, amount of agricultural, energy, industrial, and other product from the United States to reduce the trade imbalance between our two countries. [Courtesy]

China and the United States agreed to a ceasefire in their bitter trade war on Saturday after high-stakes talks in Argentina between U.S. President Donald Trump and Chinese President Xi Jinping, including no escalated tariffs on Jan. 1.

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