President Trump and Chinese President Xi Jinping's trade truce avoids an open rupture in US China trade relations but analysts say it's more of a de-escalation than progress.
Some analysts say Beijing won a major victory in its trade talks: Getting the U.S. to withdraw a national security measure that previously was not under discussion.
Trump cuts tariffs on China after ‘truly great' meeting with Xi The Washington PostTrump and Xi Ease Off the Trade War, but New Nuclear Threat Brings a Chill The New York TimesA Trump-Xi trade deal won't fix either country's economy CNNTrump shaves China tariffs in deal with Xi on fentanyl, rare earths Reuters
President Donald Trump's U.S.-China trade truce may be overshadowing a new report that has helped raise the alarm about a potential record-high global surplus of crude oil next year.
