By  on December 1, 2018

HONG KONG–Chinese state media have reported that the U.S. and China have agreed not to impose further tariffs after Jan. 1, heading off a plan by Washington to hike existing tariffs from 10 percent to 25 percent next year.

Both Xinhua and Chinese television station CGTN reported the trade war de-escalation from the two sides following a meeting between Trump and Xi at the G20 summit in Argentina Saturday.

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