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"Back on track": China and U.S. agree to restart trade talks

"Back on track": China and U.S. agree to restart trade talks

13 Sept 13:41 Key points summarised by AI
  • The U.S. and China agreed to restart trade negotiations, pausing their year-long dispute and offering relief to global markets.
  • Washington committed to holding off on imposing new tariffs on Chinese exports, though existing tariffs will remain in place.
  • China pledged to increase purchases of U.S. farm products, while the U.S. will allow its companies to sell components to Huawei.
  • Both Presidents Trump and Xi emphasized the need for fair, equal, and mutually respectful negotiations to resolve core trade issues.
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