ADVERTISEMENT

U.S.-China Trade Truce: A Side-by-Side Comparison of Statements

U.S.-China Trade Truce: A Side-by-Side Comparison of Statements

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here

The U.S. and China agreed to another truce in their trade dispute on Saturday in Japan. Unlike the previous meeting in Argentina, this time the two sides’ statements are reasonably similar.

But there remain some substantial differences, including on whether China agreed to make immediate purchases of U.S. farm goods, and whether the freeze in new U.S. tariffs is permanent.

Here is a side-by-side comparison of the main points of the two statements:

U.S.-China Trade Truce: A Side-by-Side Comparison of Statements
U.S.-China Trade Truce: A Side-by-Side Comparison of Statements

To contact Bloomberg News staff for this story: James Mayger in Beijing at jmayger@bloomberg.net;Miao Han in Beijing at mhan22@bloomberg.net

To contact the editor responsible for this story: Jeffrey Black at jblack25@bloomberg.net

©2019 Bloomberg L.P.

With assistance from Bloomberg