Despite truce, US should be wary of damage

At the meeting between President Xi Jinping and US President Donald Trump on the sidelines of the just concluded G20 Summit in Osaka, the two sides agreed to restart the trade talks. While the trade disputes are slowing China's growth, the US economy also is beginning to suffer collateral damage.

Furthermore, Trump said US companies can supply components to Chinese telecommunications equipment provider Huawei, which the US Department of Commerce blacklisted in May and which Washington has tried to lobby other countries against.

Nevertheless, the negotiators face challenging obstacles despite another temporary timeout. But what's the economic impact of the new trade truce?