U.S., China agree to trade war truce

Monday, December 3, 2018 | Tag Cloud Tags: , , , , , , ,

(Worthy News) - President Donald Trump and Chinese President Xi Jinping agreed to a truce between the two countries' trade war after a meeting Saturday at the G20 summit in Argentina.

White House press secretary Sarah Sanders said Trump promised not to go through with a planned hike -- from 10 percent to 25 percent -- on $200 billion worth of Chinese products.

In exchange, Xi agreed to purchase a "very substantial" amount of agricultural, energy and industrial product from the United States. [ Source: UPI (Read More...) ]

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