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International Business Times
International Business Times
World
IBT Staff Reporter

Trump and Xi Agree to Surprise One-Year Trade Truce in Bid to De-escalate U.S.–China Clash

Trump and Xi strike one year trade truce

In a surprise breakthrough, U.S. President Donald Trump and Chinese President Xi Jinping have agreed to a one-year trade truce, easing years of economic confrontation between the world's two largest economies. The deal was struck during their first in-person meeting in six years, held on the sidelines of the APEC Summit in South Korea.

According to Al Jazeera, Trump hailed the talks as "amazing," saying both sides had taken "big steps toward fairness."

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