Asia-Pacific Economic Cooperation

Trump and Chinese President Xi Jinping agree to a cease-fire on trade

Trump and Chinese President Xi Jinping agree to a cease-fire on trade

President Trump and his Chinese counterpart, Xi Jinping, agreed to a cease-fire on trade after meeting for more than two hours Saturday after the close of the Group of 20 summit in the Argentine capital.

Under the agreement, Trump won’t raise tariffs while negotiations continue and China will purchase more U.S. agricultural and energy products, the White House said in a statement issued three hours after the meeting ended.

“This was an amazing and productive meeting with unlimited possibilities for both the United States and China,” Trump said in a statement that marked a major de-escalation of rhetoric toward China. “It is my great honor to be working with President...

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