President Donald Trump and Chinese President Xi Jinping reached a trade ceasefire at a extremely anticipated meeting late weekday.
drawing near the sidelines of the G20 summit in Japan, the cease-fire permits the United States of America and China to place off $300 billion value of further tariffs. per Markets insider,
Trump had vowed to levy the additional tariffs if no progress was created at the meeting. Trump and Xi have faced increasing pressure to remove their long trade war.
The conflict has weighed heavily on each countries at a time once the world economy is already expected to slow.