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Chinese media cautiously welcomes U.S. trade truce

Reuters  |  BEIJING/SHANGHAI 

BEIJING/SHANGHAI (Reuters) - The trade war truce agreed by China and the United States at the weekend could help them resolve their differences amicably, but lasting improvements in relations will depend on U.S. "sincerity", Chinese state media said on Monday.China and the United States agreed to halt new tariffs during talks between Chinese President Xi Jinping and U.S. President Donald Trump in Argentina on Saturday following months of escalating tensions on trade and other issues.In a meeting lasting two and a half hours, the United States agreed not to raise tariffs further on Jan. 1, ...

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First Published: Mon, December 03 2018. 08:53 IST
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