Donald Trump and Xi Jinping emerged from their high-stakes dinner meeting in Argentina with a ceasefire agreement on tariffs that delivered enough for each to claim an initial win.
Xi won a temporary halt to additional trade hostilities against his nation’s slowing economy as the two presidents agreed to work toward a substantive agreement within 90 days.
Trump won agreement from China to boost its purchases of agricultural, industrial and energy products to reduce its bilateral trade surplus and to begin negotiations on thorny issues including forced technology transfers, intellectual property protection and cyber theft.
“Xi avoids a large trade