China hails Trump-Xi truce to halt trade war; Promises to import more from US

Trump agreed to postpone for 90 days a scheduled increase in tariffs on USD 200 billion in Chinese imports, while Xi agreed to purchase a very substantial amount of US products so as to reduce the USD 375 billion trade deficit between the two countries.


China hails Trump-Xi truce to halt trade war; Promises to import more from US
Source: ET HOME