Sunday, 11 May 2025
    : :inin Kyiv (EET)

US and China in trade tariffs truce after tense G20 summit


The US and China brokered a truce over a dinner of steaks and Argentine wine in Buenos Aires. – AFP photo
The United States and China on Saturday announced a ceasefire in their tariffs war, hours after US President Donald Trump upended another international forum by snubbing G20 action on trade disputes and climate change.
Over a dinner of steaks and Argentine wine in Buenos Aires, Trump and President Xi Jinping brokered a truce to ensure that — for now — there will be no further escalation to their tit-for-tat imposition of tariffs on goods worth hundreds of billions of dollars.
Trump withdrew …read more

Source: The Borneo Post

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