Chinese firms worry the US trade war thaw could be shortlived

  • Hong Kong: Exporters of bags to toys in China cautioned that the trade war truce between the U.S. and China may provide just a minor respite in hostilities.
  • The U.S. agreed to refrain from raising tariffs on $200 billion of Chinese goods from a current 10 percent to punitive levels of 25 percent as planned on Jan. 1, according to announcements that followed the meeting between U.S.
  • President Donald Trump and Chinese President Xi Jinping in Argentina.
  • There are some signs already that the two nations may be reading the truce differently.

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