China-US agree to a temporary ceasefire in escalating trade war
Posted On December 3, 2018
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During the working meal after the G20 leaders’ summit in Buenos Aires, Argentina, the president Xi Jinping and Donald Trump jointly concluded a “highly successful meeting”, regarding trade war, cybersecurity, intellectual property protection and the North Korea problem. The highlights included keeping the existing 10% tariff under certain conditions, rather than raising it to 25%; Fentanyl control and the potential Qualcomm-NXP acquisition deal.