China | Trump-Xi meeting declares a trade war truce, paving way for further talks
Published on Monday, December 3, 2018 | Updated on Monday, December 3, 2018
China | Trump-Xi meeting declares a trade war truce, paving way for further talks
Summary
The US-China relationship seems to get a favourable turn after a highly anticipated dinner on last Saturday between Trump and Xi on the sidelines of the G20 summit in Argentina. In particular, both sides agreed to keep the trade war from escalating with a promise to halt the imposition of new tariffs for 90 days and intensify their negotiations in the following months.
Topics
- Topic Tags
- Regional Analysis China
Authors
Jinyue Dong
BBVA Research - Principal Economist
Le Xia
BBVA Research - Chief Economist