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Latin Times

Business

Miguel Paiva

U.S.–China Truce: What the US$60 Billion Tariff Cut Means for Exporters and Investors This Week

China United States Latin America

TOPSHOT - Shipping containers are seen at a port in Qingdao, in China's eastern Shandong province on September 28, 2026. (Credit: Photo by CN-STR / AFP via Getty Images / China OUT)

The agreement between President Donald Trump and President Xi Jinping does not amount to a definitive trade peace. It freezes new tariff escalation ahead of the APEC and G20 summits, giving global markets a significant pause.

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