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The Sino-US Trade War Announced A Ceasefire
Dec 03, 2018

The news from the G20 summit in Argentina swept the world media yesterday. On the evening of the 1st local time, Chinese President Xi Jinping was invited to dinner and meet with President Trump in Buenos Aires. This is the reunion of the first US dollar since the meeting in Beijing last November. After the two-and-a-half-hour meeting, the news spread: The United States will not impose more tariffs on the 200 billion US dollars of Chinese exports to the United States on January 1 next year. The two sides will also step up consultations in the direction of canceling all tariff increases. The Chinese side will also Will expand the purchase of US products to ease the trade imbalance between the two sides. For this meeting, the whole world has a heart, because the Trump administration’s trade war against China has lasted for several months, triggering international financial market turmoil, undermining the global industrial chain, and damaging people’s interest in the world economy. confidence. Although the White House’s statement said that whether the US imposes additional tariffs depends on the negotiations between the two parties within 90 days, most of the international media have shown a feeling of “shadowing the flowers”. Chinese Foreign Minister Wang Yi pointed out at the Chinese and foreign press conference that through this important meeting, the two heads of state made plans for properly solving the problems between China and the United States and promoting the development of Sino-US relations and pointed out the direction.

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