Donald Trump deserves some credit for trade tariffs truce with China

Just because the US and China have agreed to call a truce in their trade war doesn't mean that it's over: This was a classic exercise in can-kicking. Nonetheless, most cans have quite a few kicks in them, and overall this is good news for the global economy. Instead of sweeping everything under the rug, as was the case before Donald Trump took office, America and China have found a new way of addressing conflict by talking openly.

Let's consider the announcement itself. The US has pledged to postpone raising tariffs to 25 per cent on $US200 billion ($271 billion) of Chinese goods.

Bloomberg