G20: US and China agree to suspend new trade tariffs
US President Donald Trump and his Chinese counterpart Xi Jinping have agreed to halt new trade tariffs for 90 days to allow for talks, the US says. The two men met in Buenos Aires after the G20 summit for their first talks since a trade war erupted this year. China says they agreed not to impose any new trade tariffs after 1 January. At the summit earlier on Saturday, the G20 leaders agreed a joint declaration that notes divisions over trade but does not criticise protectionism. Read More @ https://www.bbc.com/news/world-latin-america-46413196
U.S., China declare 90-day halt to new tariffs, White House says
China and the United States have agreed to halt additional tariffs as both nations engage in new trade negotiations with the goal of reaching an agreement within 90 days, the White House said on Saturday after President Donald Trump and Chinese President Xi Jinping held high-stakes talks in Argentina. Read more @ https://www.reuters.com/article/us-g20-argentina-trump-statement/u-s-china-declare-90-day-halt-to-new-tariffs-white-house-says-idUSKCN1O101U?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29
USD will start a volatile Monday!! Be ready for GAPS in favor of the USD. China agreeing to the US tones clearly shows that China needs US more the US needs China – well perception is greater then what we really see in the real world.
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