President Donald Trump makes deal with Chinese President Xi Jinping to temporarily halt next round in the U. S. trade war with China.
BUENOS AIRES, Argentina — President Donald Trump agreed to temporarily hold his next round of fire in the U. S. trade war with China in order to give Washington and Beijing more time to talk, the White House announced Saturday.
Word of the deal, which essentially sets up a process for more negotiation, came hours after Trump met with Chinese President Xi Jinping on the sidelines of the G-20 summit here and after Air Force One had departed for Washington.
“This was an amazing and productive meeting with unlimited possibilities for both the United States and China,” Trump said in a statement released by the White House. “It is my great honor to be working with President Xi.”
Under the agreement, Trump will hold off for 90 days on his vow to increase U. S. tariffs on $200 billion worth of Chinese goods from 10 percent to 25 percent on Jan.
