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China made more than $1.2 trillion trade commitments: Mnuchin

Reuters  |  WASHINGTON 

By David Lawder and Jeff MasonWASHINGTON (Reuters) - China has made more than $1.2 trillion in additional trade commitments as part of a deal reached by U.S. President Donald Trump and China's Xi Jingping and Beijing has vowed to take immediate steps on those promises.Trump and Chinese President Xi Jinping agreed to hold off on new tariffs during talks in Argentina on Saturday, declaring a truce following months of escalating tensions on trade and other issues. Treasury Secretary Steve Mnuchin said on Monday there was a clear shift in tone at Buenos Aires from past discussions with Chinese ...

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First Published: Mon, December 03 2018. 23:43 IST