{"id":2120,"date":"2018-12-12T14:48:41","date_gmt":"2018-12-12T13:48:41","guid":{"rendered":"https:\/\/global-china-sourcing.com\/en\/?p=2120"},"modified":"2021-05-11T21:30:09","modified_gmt":"2021-05-11T19:30:09","slug":"china-us-truce-trade-war","status":"publish","type":"post","link":"https:\/\/global-china-sourcing.com\/en\/china-us-truce-trade-war\/","title":{"rendered":"China U.S. Truce in the Trade War?"},"content":{"rendered":"

The China U.S. truce has agreed to a 90 day pause in the trade war during the G20 Summit meeting in Argentina.<\/p>\n

Mr. Kudlow comments on the China-U.S. truce as follows:\u00a0<\/p>\n

The president has indicated if there\u2019s good, solid movement and good action, he might, he might be willing to extend the 90 days. We\u2019ll have to see on that.<\/p><\/blockquote>\n

President Trump has agreed to hold off on increasing any more tariffs, while China has agreed to purchasing\u00a0\u201cnot yet agreed upon, but very substantial\u201d<\/a> amount of agricultural, energy, industrial and other products from the US to reduce the trade imbalance between them. The leaders of both countries will meet in March 2019 to negotiate further.<\/p>\n

Mr. Kudlow, Trumps economic advisor also said:<\/p>\n

the trade talks with China are \u201cextremely promising.\u201d<\/p><\/blockquote>\n

The reaction from the public has been mixed. Some believe that this is a sign that the end of the trade war may be in sight, and mutually beneficial solutions may soon be discussed. Others say the truce doesn\u2019t solve anything and is a pyrrhic victory at best. General Secretary Xi Jinping may be hard pressed to make concessions he may not want to, causing him to lose face, which could reignite the trade war.<\/p>\n

China U.S. Truce – A Breath of Fresh Air<\/h3>\n

Many companies worldwide are breathing a sigh of relief.<\/p>\n

Wish to have your custom product manufactured in China?<\/h3>\n

At Global Trade Specialists we are committed to sourcing the best factory for your product<\/a> and work only with suppliers that guarantee quality. We are your overseas purchasing team, which allows you to focus more of your time on doing the things that grow your business.<\/p>\n

With over 27 years experience in international trade we focus on long term relationships with suppliers and customers worldwide.<\/p>\n

For European inquiries, please visit www.global-china-sourcing.com<\/a><\/p>\n

For North American inquiries, please visit www.mgtrading.com<\/a><\/p>\n

Sources: CNBC \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Image Copyright :\u00a0alphaspirit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The China U.S. truce has agreed to a 90 day pause in the trade war during the G20 Summit meeting in Argentina. Mr. Kudlow comments on the China-U.S. truce as follows:\u00a0 The…<\/p>\n","protected":false},"author":3,"featured_media":10573,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[68],"tags":[78],"class_list":["post-2120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-importing-from-china","tag-factory-in-china"],"acf":[],"yoast_head":"\nChina U.S. Truce in the Trade War? - Global Trade Specialists, E.U.<\/title>\n<meta name=\"description\" content=\"The China U.S. Truce has agreed to a 90 day pause in the upcoming trade war during the G20 Summit meeting in Argentina. 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