REVIEW: The trade truce between the US and China brokered at the G20 summit last Saturday was initially seen to exceed expectations, although it wasn’t long before it dawned on investors that the policy delay amounted to very little.
At the centre of the negotiations was a postponement of further trade tariffs for 90 days, pushing back the Jan 1, 2019, deadline that Trump had set to levy taxes on the remainder of Chinese imports to the US.
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