Agreement not an end to frictions
China Daily | Updated: 2018-12-04 07:14
Editor's note: On Saturday, President Xi Jinping and US President Donald Trump agreed that they will suspend the imposition of new tariffs, continue bilateral trade negotiations, and exchange visits at an appropriate time. Guancha.cn comments:
The agreement is significant as it will ease the trade tensions between the world's two largest economies and boost confidence in global economic growth.
Although what the two leaders have agreed on is only a suspension of any new tariffs, that marks progress. The two heads of state have instructed the economic and trade teams of both sides to intensify consultations and reach an agreement to cancel the tariffs already imposed this year.
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