Trade war truce: US and China agree at G20 to resume negotiations with no further tariffs

The US and China have tentatively agreed to another truce in their trade war and to resume talks aimed at resolving the dispute. The deal, struck as Chinese President Xi Jinping and US President Donald Trump met at the Group of 20 leaders summit in Osaka, Japan, would avert Washington’s threat to impose another round of tariffs on an additional US$300 billion of Chinese imports. Xi had reportedly held off on confirming his meeting with Trump until Washington agreed to delay the threatened…