Economics

Trump Revives China Talks With Tariffs Truce, Break for Huawei

  • President tweets Xi meeting was ‘far better’ than expected
  • U.S. companies can supply Huawei despite blacklist, Trump says
U.S. President Donald Trump takes questions during a news conference on June 29.Photographer: Kiyoshi Ota/Bloomberg
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The U.S. and China declared a truce in their trade war on Saturday, as Donald Trump said he would hold off imposing an additional $300 billion in tariffs and the world’s two largest economies agreed to resume negotiations.