US and China call a trade war truce at G20 Summit, causing a rise in world markets

Anna Maria Romero
Mon, 03 Dec 2018 10:15:51 +0000
Singapore News, Hang Seng, nikkei index, Shanghai Composite, US-China trade war

Over a steak dinner last weekend at the G20 Summit in Buenos Aires, Argentina, the United States and China called a trade war truce. US President Donald Trump said that there would be no additional tariffs on goods from China, while Chinese leader Xi Jinping promised bigger purchases of products from the US. Just as …