mo4ch:>Trade truce? Trump & Xi put tariff war on hold for 90 days at G20 dinner in Argentina | Mo4ch News

The two-and-a-half-hour dinner shared by Xi Jinping and Donald Trump in Argentina, where they repeatedly emphasized their great friendship, has ended with an apparent ‘trade truce’.The leaders have reached a consensus that trade talks should continue and have agreed not to impose any additional tariffs, at least for now.“President Trump has agreed that on January 1, 2019, he will leave the tariffs on $200 billion worth of product at the 10% rate, and not raise it to 25% at this time," the White House said in a statement.For its part, Beijing has consented to purchase a “very substantial amount” of American agricultural, energy and industrial products, to reduce the trade imbalance between the two countries, which amounted to $375 billion last year. While the list of American items to be purchased by Beijing has yet to be finalized, China agreed to start purchasing “agricultural product from our farmers immediately,” the US administration claimed.Also on rt.comChina warns US that …