Truce between Trump, Xi may give emerging-market traders a reason to cheer

On the sidelines of the Group of 20 summit in Argentina, Donald Trump and Xi Jinping agreed to keep their trade war from escalating

A temporary truce emerging from a highly anticipated dinner between U.S. and Chinese leaders may give emerging-market traders a reason to cheer Monday, though it didn’t dispel the uncertainty that their dispute has inflicted on markets through much of the year.

On the sidelines of the Group of 20 summit in Argentina on Saturday, Presidents Donald Trump and Xi Jinping agreed to keep their trade war from escalating. The leaders pledged to halt the imposition of new tariffs for 90 days and intensify their talks as the world’s two largest economies negotiate a lasting agreement.

"It is apparent that both sides have