billions

China-US agree to ease trade war

MNA Business Desk: A temporary truce was agreed between US President Donald Trump and Chinese President Xi Jinping at the G20 meeting in Argentina.

But concerns linger over discrepancies in information coming from either side.

Chinese officials have said they are “confident in implementing” trade commitments made to the US “as soon as possible”, without giving details.

An ongoing trade war has seen both countries impose duties on billions of dollars of one another’s goods.

In a commerce ministry statement, Chinese officials called the talks between the two leaders a “great success”, reported news agency.

China and the US would push ahead with negotiations over 90 days and China would implement the specific issues it agreed with the US “as soon as possible”, the statement said.

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