What does the trade 'truce" between Trump and China's Xi Jinping mean?
Summary
President Trump and China's President Xi Jinping have agreed to a temporary pause in their ongoing trade disputes. This "truce" means that both countries will hold off on new tariffs and engage in further talks to resolve their issues.Key Facts
- The U.S. and China have agreed to a temporary stop to new tariffs.
- President Trump and President Xi Jinping reached this agreement.
- The agreement aims to ease trade tensions between the two countries.
- The trade "truce" is temporary and intended for further discussions.
- Both countries are significant players in the global economy, and their trade policies affect international markets.
- Julian Gewirtz, a former U.S. China policy official, provided insights on the agreement.
- This development was discussed on NPR with journalist Scott Simon.
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