Saturday, December 1, 2018

President Trump And Chinese President Xi Agree To Put Their Tariff War On Hold For 90 Days





Reuters: U.S.-China summit ends with signals of progress in defusing trade war

U.S. President Donald Trump and Chinese President Xi Jinping held high-stakes trade talks in Argentina on Saturday, and both sides signaled they made progress toward defusing a damaging tariffs war between the world’s two largest economies.

With the United States and China locked in an economic dispute that has unnerved global financial markets and weighed on the world economy, Trump and Xi sat down with their aides for a working dinner at the conclusion of a two-day gathering of world leaders in Buenos Aires.

After the 2-1/2 hour meeting, White House chief economist Larry Kudlow told reporters the talks went “very well,” but offered no specifics as he boarded Air Force One headed home to Washington with Trump.

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WNU Editor: The Chinese are not going to change their position on opening their markets or how they manipulate their currency. This 90 day "ceasefire" is not going to resolve anything.

More News On President Trump And Chinese President Xi Agreeing To Put Their Tariff War On Hold For 90 Days

G20: US and China agree to suspend new trade tariffs -- BBC
US, China reach 90-day ceasefire in their trade dispute -- AP
U.S., China declare 90-day halt to new tariffs, White House says -- Reuters
US and China in trade tariffs truce after tense G20 summit -- AFP
Donald Trump and Xi Jinping declare trade truce at G20 -- The Guardian
US, China declare truce on new tariffs -- DW
Trump and Xi's hint at 'good' outcome to end US-China trade war ahead of G20 dinner -- CNN
Trade truce? Trump & Xi put tariff war on hold for 90 days at G20 dinner in Argentina -- RT
China, U.S. to cease new tariffs and continue trade talks -- CGTN

7 comments:

Anonymous said...

Reminds me of the 100days Xi wanted on the North Korea issue ...did he deliver? Nope..he kept breaking sanctions and kept transferring oil and coal to the North Koreans

Anonymous said...

But we were told the Chinese would capitulate!

Anonymous said...

Wars are at times made up of many battles and operations. This is one of Xi operations a counter offensive, a spoiling attack to buy time.

There is time for another round of tariffs.

Mike Feldhake said...

I think this is good, we should try to make amends so we have an argument on the world stage. But, I agree things won't change much

fred said...

Xi and Trump: A beginner’s guide to translating Chinese diplomatic speak

Language used in statements issued after the two leaders meet will offer clues as to the temperature in the room — so what does it all mean?

fred said...

How U.S. and Chinese firms are outmaneuvering Trump in trade war

Manufacturers move offshore, dodging tariffs

Anonymous said...

Please stop interpreting what things mean for us. We can think quite well for ourselves, thank you